No "Surrender" - China Escalates Trade Tensions By "Delaying" Deal Reviews

Discussion in 'Economics' started by Error Correction Funder, Apr 13, 2018.

  1. The Wall Street Journal reports that unidentified people familiar with the matter say that China is holding up deal reviews that could clear the way for U.S. companies Qualcomm and Bain Capital to make multi billion dollar acquisition of semiconductor companies.

    The delay could end up quashing Qualcomm’s planned $44 billion acquisition of Dutch semiconductor company NXP Semiconductors NV, a deal widely seen as critical to Qualcomm’s future, according to one person familiar with the matter.

    https://www.zerohedge.com/news/2018...scalates-trade-tensions-delaying-deal-reviews