October 12 - 12:10
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EU to extent probe into Nvidia's $5bn Arm acquisition after remedies fall short
Nvidia's $54bn bid acquisition of British chip designer Arm is expected to face an extended EU antitrust investigation after concessions offered last week failed to address competition concerns, Reuters reports. The investigation would shortly follow statements from Britain's antitrust agency that warned that the deal could damage competition and weaken rivals.
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