Market Chatter: SoftBank's Ampere Acquisition Faces In-Depth US Review

MT Newswires Live

07/02

SoftBank Group's (TYO:9984) planned takeover of semiconductor designer Ampere Computing is facing an in-depth investigation by the US Federal Trade Commission (FTC), Bloomberg News reported Wednesday, citing people familiar with the matter.

The FTC probe, known as a second request for information, may last for a year or more and could lead to a blocked deal, the report said.

Softbank said it intended to close the acquisition in the second half of 2025, when the Japanese multinational investment holding company first announced the $6.5 billion deal in March.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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