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INTC Intel Corporation

34.52
0.06 (0.17%)
Pre Market
Last Updated: 12:28:49
Delayed by 15 minutes
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
  0.06 0.17% 34.52 34.52 34.54 68,638 12:28:49

UK Competition Watchdog Mulls Probe of Intel's Chip Unit Sale to SK Hynix

27/04/2021 8:53am

Dow Jones News


Intel (NASDAQ:INTC)
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From Jul 2019 to Jul 2024

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By Adria Calatayud

 

The U.K. Competition and Markets Authority said Tuesday that it is considering whether Intel Corp.'s proposed sale of its NAND and SSD business to SK Hynix Inc. might hurt competition in the U.K.

The antitrust watchdog said it is inviting comments on the deal from any interested parties until May 11.

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

April 27, 2021 03:38 ET (07:38 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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