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Private equity firms eye Newport Wafer Fab as UK may block Chinese owner

Probe: Government is investigating takeover of Newport Wafer Fab over security concerns, with deadline set for October 5 for decision

Private equity firms are eyeing chipmaker Newport Wafer Fab amid speculation the UK will block its sale to a Chinese-controlled company

Private equity firms are eyeing Welsh computer chipmaker Newport Wafer Fab amid speculation the UK will block its sale to a Chinese-controlled company.

London-based Palladian Investment Partners is reportedly considering a nosedive if Nexperia, a Dutch company owned by Chinese group Wintech, is forced to sell Newport after it was bought last year, the Sunday Times reported.

Probe: Government is investigating takeover of Newport Wafer Fab over security concerns, with deadline set for October 5 for decision

Probe: Government is investigating takeover of Newport Wafer Fab over security concerns, with deadline set for October 5 for decision

The government is considering the takeover over security concerns, with the deadline for the decision set for October 5.

Another company believed to be interested is Irish tech investor Atlantic Bridge.

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