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Qualcomm increases takeover bid for NXP

Tuesday 20 February 2018 | 13:17 CET | News
Update: 20 February 2018 | 17:09 CET
Qualcomm has increased the price and lowered the threshold for completing its takeover of NXP Semiconductors, over a year since first announcing the deal. The 16 percent increase in the bid price allowed the company to secure commitments from holders of 28 percent of NXP shares to back the bid.

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[20/02/2018 17:09- Update: Adds comment from Broadcom.]


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Categories: Mobile & Wireless
Companies: NXP Semiconductors / Qualcomm
Countries: World
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