Deals
Broadcom Bid for Qualcomm Raises U.S. Security Concern
- The Pentagon supports CFIUS review of deal; Treasury doesn’t
- Chipmaker said to have raised earlier worries over Huawei ties
This article is for subscribers only.
Broadcom Ltd.’s hostile bid for Qualcomm Inc. is drawing the attention of a secretive U.S. panel that reviews whether acquisitions of American companies raise national security concerns, according to two people familiar with the matter.
The Committee on Foreign Investment in the U.S., which conducts its reviews far from the public eye, is split on whether to review Broadcom’s hotly contested effort to win control of its rival, said the people, who declined to be named because the discussions are confidential.