Probably the last two months of 2021. China will not block AMD-Xilinx merge. AMD announced the $35 billion Xilinx deal late last year and stated at the time that it expected to secure all regulatory approvals and close the deal by the end of 2021.Is Xilinx approved in the United States?
The Xilinx acquisition has successfully secured approval in the United Kingdom and in the European Union, and regulators in the United States did not post any objections to it by the end of the waiting period earlier this year.How much did AMD pay for Xilinx?
AMD/Xilinx merger deal AMD entered into a definitive agreement with Xilinx in October 2020 to acquire the semiconductor company in a $35B all-stock transaction. The transaction is set to bring together two companies with complementary product portfolios and will immediately grow AMD’s margins and cash flow.Will the AMD-Xilinx deal see a phase two Chinese review?
In addition, Mlex reported that the Xilinx deal will see a Phase Two review by Chinese regulators. AMD is scheduled to report results and conduct conference call after the close.