--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.
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