Fairchild Semiconductor rejects a US$2.6 billion acquisition offer by Chinese companies

2016-02-22 「 2836 words / 6 minute 」
Fairchild Semiconductor rejects a US$2.6 billion acquisition offer by Chinese companies.jpg
news
周二,中国对美国资产的浓厚兴趣被浇了一盆冷水,飞兆半导体(Fairchild Semiconductor,亦称“仙童半导体”;当前半导体行业巨擘英特尔(Intel)、AMD等的创始人均出身此公司——译者注)拒绝了中国政府背景企业发出的26亿美元的收购要约,原因是担心会受到美国监管机构的阻挠。
China's appetite for US assets was stifled on Tuesday after Fairchild Semiconductor turned down a $2.6bn bid from Chinese state-backed enterprises over fears that the deal would be blocked by US regulators.
总部位于加利福尼亚州的飞兆选择接受美国竞争对手安森美半导体(ON Semiconductor)发出的收购要约,而不是由华润(China Resources)和华创投资(Hua Capital)发出的开价更高的收购要约,这一事实凸显出中国企业在美收购敏感资产面临的困难。
The California-based company chose an offer by US rival ON Semiconductor instead of a higher bid by China Resources and Hua Capital, highlighting the difficulties for Chinese groups in securing sensitive assets in America.
安森美同意以每股20美元全现金收购飞兆,而上述中国财团的还价是每股21.70美元全现金收购。
ON Semiconductor agreed to acquire Fairchild for $20 per share in cash, while the Chinese consortium countered with $21.70 per share in cash.
飞兆的决定也许会令中国化工(ChemChina)感到不安。后者已同意以440亿美元收购瑞士农业企业先正达(Syngenta),这是有史以来最大手笔的中资海外收购。
Fairchild's decision may unsettle ChemChina, which has agreed to buy Swiss agribusiness company Syngenta for $44bn, marking China's largest overseas takeover in history.
这家中国化工集团一直在努力说服华盛顿的政客相信,其对先正达的收购不会对美国造成国家安全方面的风险。先正达在美国有业务。
The Chinese chemicals group has been trying to reassure politicians in Washington that the acquisition of Syngenta, which has a presence in the US, poses no risks to national security.
上个月,美国外国投资委员会(Committee on Foreign Investment)以“预想不到的担忧”为由,封杀了荷兰集团飞利浦(Philips)将旗下照明部门以31亿美元卖给一家中国财团的交易。
The Committee on Foreign Investment in the US, last month blocked a $3.1bn sale of a lighting unit from Philips, the Dutch conglomerate, to a Chinese consortium due to “unforeseen concerns”.
去年,中国国有半导体企业清华紫光(Tsinghua Unigroup)以230亿美元收购芯片制造商美光(Micron)的计划夭折,部分原因在于紫光对自己能够完成这宗交易没有什么信心。
Last year, a planned $23bn bid for chipmaker Micron by Tsinghua Unigroup, the Chinese state-owned semiconductor business, was aborted partly because it had little confidence it could complete the deal.
纽约一名资深银行家表示:“中国企业正竭尽全力在海外市场收购资产,但他们知道,要让交易在美国交易获批可不那么容易。”
"Chinese companies are desperately trying to buy assets outside of their home market but they are aware that the US isn't the easiest place to get deals approved," said a senior banker in New York.
不过,另一名银行家表示,美国外国投资委员会对中资收购交易的强硬立场,不会对中国政府背景的买家起到吓阻作用。
However, another banker said that CFIUS’s tough stance on Chinese takeovers would not prove a deterrent for Beijing-backed buyers.
一名与中国买家合作的顾问表示:“他们会继续努力……收购海外资产是他们的一项任务,他们会继续想方设法去办。”
"They will keep on trying... have a mandate to buy foreign assets and they will keep finding ways in," said an adviser who works with Chinese buyers.
今年到目前为止,规模最大的5宗跨境并购交易中,有4宗涉及中国企业竞购美国和欧洲资产,交易总价值为617亿美元。
So far this year, four of the five biggest cross-border deals have involved Chinese groups bidding for US and European assets worth $61.7bn in total.