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Covington Advises Intersil on $3.2 Billion Sale to Japan's Renesas

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  • Covington Advises Intersil on Announced 3 2 Billion Sale to Japans Renesas

WASHINGTON—Covington represented semiconductor manufacturer Intersil Corporation in its $3.2 billion sale to Japan’s Renesas Electronics Corporation. The firm advised Intersil on aspects of the transaction involving Committee on Foreign Investment in the United States (CFIUS), Foreign Ownership, Control, or Influence (FOCI), trade controls, and government contracts issues.

The Covington team included partners Mark Plotkin, David Fagan, Susan Cassidy, Peter Lichtenbaum, and Roger Zakheim; special counsel Damara Chambers, Heather Finstuen, and Justin Ganderson; and associates Jeff Bozman, Meena Sharma, and Patrick Stanton.

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