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Nvidia, Arm await China acceptance of filing for $40 billion deal

By MLex Staff ( August 5, 2021, 06:56 GMT | Insight) -- US chipmaker Nvidia's notification of its contentious $40 billion takeover of UK chip designer Arm was still awaiting formal acceptance by China's competition regulator as of yesterday, MLex has learned. The protracted waiting period is said to be potentially linked to the intention on the part of the Chinese agency to coordinate its review timeline with that of the European Commission, with whom the agency has a track record of exchanging views for complex transactions.US chipmaker Nvidia's notification of its contentious $40 billion takeover of UK chip designer Arm was still awaiting formal acceptance by China's competition regulator as of yesterday, MLex has learned....

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