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ARM deal has a condition: > The proposed transaction is subject to customary closing conditions, including the receipt of regulatory approvals for the U.K., Ch

by nabla9 6y ago

ARM deal has a condition: > 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. Any one of these 4 regulators can still stop the sale.

nottorp 6y ago
Oh pretty. I don't see China - which is already under some embargos by the US - allowing ARM to become an US company.
LatteLazy 6y ago
I'm confused why China get a say? ARM is UK, Softbank is Japan and Nvidia is US, why do the Chinese have a claim? Is it just because no one wants to upset them?
- nabla9 6y ago
  Nvidia gets more revenue from China+HK than they get from the US. China is huge market for both ARM and Nvidia. Nvidia don't want to buy a company if they can't sell to Chinese market.
  - LatteLazy 6y ago
    Fair enough. I didn't realise China were such a big market for them. Thanks!