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Navitas shares slip 0.85% as FTC clears $232.8M Claros deal

Verifying
  • Navitas secured early termination of the FTC’s antitrust review of its Claros acquisition.
  • $232.8 million is the value of Navitas’s pending Claros acquisition.
  • U.S. government selected Navitas for 10 kilovolt SiC semiconductor development under ALATTIS.
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