Dutch Nexperia takeover saga partly driven by CEO misappropriating $200 million to rescue failing private interests, court records show — U.S. diplomatic pressure may also have played a role
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The Dutch government's decision to take over control of Dutch chip manufacturer, Nexperia, wasn't just driven by its desire to retain the company's technology within the bounds of the EU and the Netherlands. The CEO is alleged to have tried to use company funds to make purchase orders at his private, unaffiliated companies.