14 June 2016

NXP Semiconductors to divest its Standard Products Business

De Brauw Blackstone Westbroek has assisted NXP Semiconductors in the USD 2.75 billion sale of its Standard Products Business to a consortium of financial investors, consisting of Beijing Jianguang Asset Management Co., Ltd and Wise Road Capital LTD. The transaction is expected to close in the first quarter of 2017, pending all required regulatory approvals and employee representative consultations.

The NXP Standard Products business is an industry leading supplier of Discrete, Logic and PowerMOS semiconductors focused on the Automotive, Industrial, Computing, Consumer, and Wearable application markets. At the close of the transaction, the NXP Standard Products business will be branded Nexperia, which will be headquartered in Nijmegen, the Netherlands.

Team
Ton Schutte and Arne Grimme (lead partners), Yi Duan, Annebel Weghorst, Carolien van Senten, Wiebe Dijkstra, Mats Cornelisse, Erik Pijnacker Hordijk, Stephanie The, Bart van Reeken, Roos van der Poel, and Louis van Roessel.