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QCOM QUALCOMM Inc

179.70
-0.40 (-0.22%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
QUALCOMM Inc NASDAQ:QCOM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.40 -0.22% 179.70 179.64 180.19 183.19 177.80 182.24 10,043,938 01:00:00

UK Regulator to Probe Qualcomm's Planned Takeover of Autotalks

29/09/2023 9:50am

Dow Jones News


QUALCOMM (NASDAQ:QCOM)
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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)

Copyright (c) 2023 Dow Jones & Company, Inc.

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