Deals
Nvidia’s Arm Deal Faces U.K. National Security Probe
- New deadline may force the company to delay closing target
- U.K. has weighed potential national security veto of the deal
Photographer: Chris Ratcliffe/Bloomberg
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Nvidia Corp.’s bid for British chipmaker Arm Ltd. faces a national security review in the U.K., in another potential pitfall for a deal under intense scrutiny from antitrust regulators across the world.
The Competition and Markets Authority has been instructed to carry out the review alongside a closer look at whether there are competition concerns, Nadine Dorries, Secretary of State for Culture and Digital said in a statement Tuesday.