China Approves AMD’s $35 Billion Acquisition of Xilinx

(Bloomberg) — Chinese regulators granted approval for Advanced Micro Devices Inc. to buy Xilinx Inc., clearing the way for one of the largest deals to emerge from the global semiconductor industry.

The State Administration for Market Regulation cleared the deal with certain conditions, the antitrust watchdog said in a statement. It asked AMD not to discriminate against Chinese clients and to continue supplying Xilinx’s products to the country after determining the deal could exclude or limit competition. The acquisition had already won the blessing of regulators in the U.S., Europe, and the U.K., among other jurisdictions.