EU to Probe Nvidia's $54 Billion Bid for UK's ARM -Reuters
October 12 2021 - 08:39AM
Dow Jones News
--Nvidia Corp.'s bid for U.K. chip designer ARM faces an
extended antitrust probe by European Union regulators after
concessions offered didn't assuage its antitrust concerns, Reuters
reports, citing unidentified sources.
--A preliminary review of the deal is scheduled to end on Oct.
27 and the deal is set to face a four-month investigation, Reuters
reports.
--The deal also faces scrutiny in the U.K., whose regulator said
in August that it raised serious competition concerns, and that it
would be investigated further.
Full story: https://reut.rs/3DpZKBA
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
October 12, 2021 09:24 ET (13:24 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
NVIDIA (NASDAQ:NVDA)
Historical Stock Chart
From Feb 2024 to Mar 2024
NVIDIA (NASDAQ:NVDA)
Historical Stock Chart
From Mar 2023 to Mar 2024