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. Last Updated: 07/27/2016

State Eyes Infineon Stake

The government is in talks with Germany to buy a stake in semiconductor maker Infineon Technologies, Sistema CEO Leonid Melamed said Thursday.    

“Sistema is being invited to participate in this project as an industry professional expert,” he said.

Sistema doesn’t have plans to buy Infineon shares, said

Anton Abugov, Sistema’s vice president for strategy and development. “If some options of a possible cooperation with

the government are found, we may consider them,” he said.

(Bloomberg)