September 22, 2020

Hellenic Voice

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Article in Chinese state-backed Global Times calls for intervention in deal China is emerging as...

Article in Chinese state-backed Global Times calls for intervention in deal

China is emerging as a potential stumbling block to the controversial $40bn (£31bn) sale of the UK’s largest technology firm, Arm Holdings, as the British government wavers on whether to intervene in the deal.

Labour, unions and Arm’s co-founder have urged ministers either to block the sale of the chip designer by the Japanese investment firm SoftBank to the US firm Nvidia, or insist upon legally binding conditions to ensure British interests are not harmed.

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