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There is already high probability that China refuses to approve the deal. In 2018 Chinese refused Qualcomm's NXP takover. It was $44B deal. The small print i
by Nokinside 6y ago
There is already high probability that China refuses to approve the deal. In 2018 Chinese refused Qualcomm's NXP takover. It was $44B deal.
The small print in the takeover says:
> The proposed transaction is subject to customary closing conditions, including the receipt of regulatory approvals for the U.K., China, the European Union and the United States. Completion of the transaction is expected to take place in approximately 18 months.
In other words, regulators in China, EU, UK and US must approve it.
- klelatti 6y agoAgreed particularly given US control can only make access to Arm IP more difficult for Chinese firms.