The EU’s analysis shows that the acquisition “could lead to restricted or degraded access” to Arm’s intellectual property, EU Competition Commissioner Margrethe Vestager said in a statement on Wednesday.
PayPal Holdings Inc.’s potential takeover of social media firm Pinterest Inc. would top the charts in what’s already a record-breaking year for tech deals.
To convince Mubadala to sell, Intel would need to embark on its largest takeover to date and offer a price that captures the future upside for the business.