Shares of chipmaker NXP on wild ride amid conflicting reports about Chinese approval of Qualcomm bid

Shares of chipmaker NXP on wild ride amid conflicting reports about Chinese approval of Qualcomm bid

6 years ago
Anonymous $cyhBy-qkd5

https://www.cnbc.com/2018/06/15/shares-of-chipmaker-nxp-on-wild-ride-amid-conflicting-reports-about-chinese-approval-of-qualcomm-bid.html

Shares of NXP Semiconductors rose in extended trading Friday amid conflicting reports about whether Chinese regulators have approved Qualcomm's proposal to acquire the smaller chipmaker.

NXP shares spiked more than 10 percent in after-hours trading Thursday following reports from South China Morning Post and Bloomberg, both citing sources, that China's Ministry of Commerce approved the deal.

Shares of chipmaker NXP on wild ride amid conflicting reports about Chinese approval of Qualcomm bid

Jun 15, 2018, 1:44pm UTC
https://www.cnbc.com/2018/06/15/shares-of-chipmaker-nxp-on-wild-ride-amid-conflicting-reports-about-chinese-approval-of-qualcomm-bid.html > Shares of NXP Semiconductors rose in extended trading Friday amid conflicting reports about whether Chinese regulators have approved Qualcomm's proposal to acquire the smaller chipmaker. > NXP shares spiked more than 10 percent in after-hours trading Thursday following reports from South China Morning Post and Bloomberg, both citing sources, that China's Ministry of Commerce approved the deal.