Qualcomm's $44B NXP acquisition dies as China trade war rages on

Qualcomm's $44B NXP acquisition dies as China trade war rages on

6 years ago
Anonymous $RBasgWKaIV

https://www.cnet.com/news/qualcomms-44b-nxp-acquisition-dies-after-failing-to-get-regulatory-approval-from-china/

Qualcomm's proposed $44 billion takeover of Dutch chipmaker NXP has become a casualty of the US trade war with China.

Qualcomm on Wednesday didn't extend its deadline for closing the deal, opting instead to buy back up to $30 billion in shares from investors. The deal had been on hold for nearly two years as China mulled the regulatory implications of the combined company. 

Last Seen
31 minutes ago
Reputation
0
Spam
0.000
Last Seen
2 hours ago
Reputation
0
Spam
0.000
Last Seen
about an hour ago
Reputation
0
Spam
0.000
Last Seen
2 hours ago
Reputation
0
Spam
0.000
Last Seen
about an hour ago
Reputation
0
Spam
0.000