China says it is still open to talks on the scrapped Qualcomm-NXP takeover deal

China says it is still open to talks on the scrapped Qualcomm-NXP takeover deal

5 years ago
Anonymous $RBasgWKaIV

https://www.cnbc.com/2018/07/27/china-says-it-is-still-open-to-talks-on-scrapped-qualcomm-nxp-takeover.html

China's market regulator said it still hoped to find a solution to antitrust concerns that doomed Qualcomm's $44 billion takeover of NXP Semiconductors, after finding that proposals to address the issue had fallen short.

U.S.-based Qualcomm abandoned on Thursday what would have been the world's biggest ever semiconductor sector takeover after a deadline the companies set passed without the deal winning China's approval.