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The us federal trade commission has ended its review of softbank group corp.’s acquisition of semiconductor designer ampere computing llc, removing an obstacle to the $6.5 billion deal. No reason for the extended review, formally known as a second request for information, has been reported. • the ftc ended its review of softbank’s $6.5b bid for ampere, clearing the deal
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• softbank is expanding its control of ai‑related chip tech through ampere, arm, and graphcore Softbank’s $6.5 billion move to buy ampere computing cleared a major roadblock after the federal trade commission ended its review on november 12, based on a • the company sold 32.1m nvidia shares and cut its t‑mobile stake to raise $9.17b softbank’s $6.5 billion.
The ftc’s website indicated it granted early termination of the investigation into the proposed merger last week.
Softbank (sftby) (sftbf) has received an early termination from the u.s Federal trade commission in its $6.5b cash acquisition of ampere, a semiconductor firm located in santa clara
