Global technology deals that failed to get regulatory approval

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REUTERS: SoftBank Group Corp announced on Monday the sale of chip designer Arm to Nvidia Corp for as much as US$40 billion in a deal set to reshape the semiconductor landscape.The deal, which is subject to regulatory approvals including in Britain, the United States and China, will be putting a long-neutral technology vendor to Apple Inc and others under the control of a single player.

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It could face potential pushback from regulators, as the ongoing U.S.-China tech spats have put any global deal in the semiconductor sector under much tighter scrutiny.Below are a list of prominent global deals that collapsed due to regulators’ rejection in the last five years:* U.S. President Donald Trump in March, 2018, blocked microchip maker Broadcom Ltd’s proposed takeover of Qualcomm Inc on national security grounds.* Qualcomm Inc walked away from a US$44 billion deal to buy NXP Semiconductors after failing to secure Chinese regulatory approval in July, 2018 amidst China-U.S. trade talks. China’s State Administration for Market Regulation (SAMR), the antitrust regulator reviewing the deal, did not respond to the companies after the deadline for the deal to expire passed.

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* Semiconductor equipment maker Lam Research Corp in 2016 …

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