Google’s $12.5 Billion Motorola Mobility Acquisition Is Still Under China Review

Posted on Mar 20 2012 - 9:42am by Editorial Staff

After suspending the hearings by EU regulators early last December to seek more information about Google’s acquisition of Motorola Mobility, the commission set February 13 as a deadline for the mulling the deal – and both European Commission as well as U.S. Department of Justice approved Google’s proposed acquisition of Motorola Mobility, which the company announced in August.

The Chinese Commerce Ministry’s Anti-Monopoly Bureau is looking into Google fresh grain deal and will undergo an additional round of scrutiny which is valued at $12.5 billion in order to purchase Motorola Mobility – since the deal amounts a “huge” lot and according to Chinese government law any business which generates revenue in excess of $1.55 billion per annum of which approximately $62 million comes from China must need to get the government approved first before it can be acquired.

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