Deals
Qualcomm Weighs Offer for London-Listed Chip Firm Alphawave
The Qualcomm exhibit during the 2025 CES event in Las Vegas, Nevada, US, on Wednesday, Jan. 8, 2025.
Photographer: Bridget Bennett/BloombergThis article is for subscribers only.
Qualcomm Inc. said it’s weighing an offer for Alphawave IP Group Plc after the London-listed semiconductor company’s shares declined.
The San Diego-based chip firm will have to make a decision about whether to make an offer by April 29 to comply with the UK’s takeover rules, Qualcomm said in a statement on Tuesday. Qualcomm said there’s no certainty that it will make an offer.