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rzerowan 4 hours ago

I think the headline is incorrect , as far as the timeline goes there were TWO separate actions. The first was the Business Court removing the CEO and the Board, the second was the ministrial action to take over Nexperia NL business as part of the wartime measure.

These were all precipitated by the US BIS50+ ruling that threatend to sanction any Chinese subsidiary of any company on the Entity list , which increaed the list from something like 1500 to 30k companies overnight with Nexperia in the mix.

After the recent US-China talks and the suspension of the rule , the Dutch have in kind made movements to backtrack.

However at this point its only the Ministerial action that has been suspended i.e the SECOND action.

The FIRST action by the Business courts still remains in place , so the CEO/Board is still outed.