Monday, March 12, 2018

President Trump has issued an order blocking Singapore's Broadcom from taking over American chipmaker Qualcomm on national security grounds.



...Trump’s order came shortly after the Committee on Foreign Investment in the United States (CFIUS) said in a letter to both companies that the deal posed national security concerns. CFIUS noted that Broadcom had violated its rules “on at least three separate occasions,” including when it recently moved to relocate its headquarters to the United States without providing proper notice to the committee....



at Labels: , ,