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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Intel Corporation | NASDAQ:INTC | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -3.31 | -9.43% | 31.80 | 31.78 | 31.90 | 32.24 | 30.64 | 31.77 | 119,844,057 | 05:00:11 |
From Apr 2021 to Apr 2024
By Adria Calatayud
The U.K. Competition and Markets Authority said Monday that it has cleared Intel Corp.'s proposed sale of its flash-memory manufacturing business to South Korea's SK Hynix Inc.
The antitrust watchdog said it has decided it won't refer the deal to an in-depth phase 2 probe based on the information currently available to it. The regulator in April said it was considering whether the transaction might hurt competition in the U.K. and formally began a phase 1 investigation last month.
U.S. chip maker Intel in October reached a deal to sell its flash-memory manufacturing business to South Korean peer SK Hynix for about $9 billion.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
June 28, 2021 03:57 ET (07:57 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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