Monday, November 28, 2016

Exclusive: Chinese government money backs buyout firm’s deal for U.S. chip maker

SAN FRANCISCO/NEW YORK/HONG KONG (Reuters) - Canyon Bridge Capital Partners, a buyout fund that agreed to acquire U.S.-based chip maker Lattice Semiconductor Corp for $1.3 billion earlier this month, is funded partly by cash originating from China's central government and also has indirect links to its space program, Chinese corporate filings show.

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