NXP + 8.3% in the report China has accepted the Qualcomm agreement: NXP Semiconductors (NASDAQ: NXPI)



NXP Semiconductors (NASDAQ: NXPI) is jumping after hours, up to 8.3% as South China Morning Post reports that Chinese regulators approved the purchase of the company for $ 44B by Qualcomm.

Qualcomm (NASDAQ: QCOM) is 2.2% after hours.

That clears the final obstacle, according to the report, since China is the last of nine nations that had to close session. in the merger.

But the timing of the agreement, or the assets that Qualcomm could have agreed to cede to seal, is still unknown.

Previously: Semiconductors NXP -1.8% after the rejection of the Senate in ZTE ban lift (June 12 2018)

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