YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

China blocks Qualcomm's $44B NXP acquisition

Posted online

China blocked Qualcomm's proposed $44 billion takeover of Dutch chipmaker NXP.

Qualcomm officials did not extend the company's deadline to close the deal. Instead, it moved forward with a $30 billion share buyback plan.

China had been the lone holdout among nine countries that had to approve the deal.

Read more from CNET.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences