UK Regulator to Probe Qualcomm's Planned Takeover of Autotalks
29 Setembro 2023 - 5:50AM
Dow Jones News
By Elena Vardon
The U.K.'s Competition and Markets Authority said it is
considering whether Qualcomm's planned takeover of Israel-based
auto chip maker Autotalks might substantially lessen competition
within U.K. markets for goods and services.
The regulator on Friday said it invites comments on the
transaction from any interested party ahead of a formal
investigation, though it has yet to set a deadline.
The U.S. mobile-phone chip maker agreed in May to buy Autotalks
to strengthen its portfolio of Snapdragon chips for auto makers,
but didn't disclose financial details.
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
September 29, 2023 04:35 ET (08:35 GMT)
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