U.K. Said to Weigh Conditions for Nvidia’s $40 Billion Arm Deal
- U.K. weighing commitments on HQ and jobs from new U.S. owner
- SoftBank signed binding pledges when it bought Arm in 2016
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The U.K. government is considering attaching conditions on the number of jobs Nvidia Corp. will keep in the U.K. as part of its proposed takeover of Arm Ltd., the country’s most valuable tech company, according to people familiar with the matter.
Officials are unlikely to block the $40 billion sale, the people said, asking not to be identified because the talks are private. But the conditions are expected to focus on maintaining the about 3,000 U.K. staff, and keeping the company’s headquarters in Cambridge.