February 22, 2018 / 9:27 PM / 7 months ago

Breakingviews - Viewsroom: Chipmaker battle fries M&A circuits

By Antony Currie and Jennifer Saba

A shadow is cast near a Qualcomm logo at the 2015 Computex exhibition in Taipei, Taiwan, June 2, 2015. REUTERS/Pichi Chuang

NEW YORK (Reuters Breakingviews) - Broadcom has lowered its hostile bid for Qualcomm after its target upped its longstanding offer for NXP. That decreases the chance the two larger rivals can strike a deal – assuming regulators wouldn’t nuke it. Plus: Credit Suisse shines a rare light on Asian investment banking.

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Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.


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