Infineon Technologies AG on Jan. 13 completed its acquisition of International Rectifier Corp. for a transaction value of $2.41 billion.
The company offered $40 per share for the stake.
In addition to general closing conditions, the deal required additional review for antitrust concerns.
Citigroup Global Markets Ltd. and Merrill Lynch Pierce Fenner & Smith Inc. were the financial advisers for Infineon Technologies, and Freshfields Bruckhaus Deringer (Germany) and Kirkland & Ellis LLP were the legal advisers.
J.P. Morgan Securities LLC was the financial adviser for International Rectifier , while Fried Frank Harris Shriver & Jacobson LLP and O'Melveny & Myers LLP were the legal advisers.