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Q: AMD announced acquisition of Xilinx has been approved by EU & UK. USA issued a `no comment' what does that mean. Is this a tacit approval ? It is expected that China will approve since as of now no serious objects or concerns have been communicated to any of the companies.
Based on the offer terms, Xilinx share value is almost 13-15% under valued. Why is that ? Is the market betting that the China approvals will not be given.
And by when is China's decision expected ?
Appreciate your advise as always,
Thanks
Rajesh
Based on the offer terms, Xilinx share value is almost 13-15% under valued. Why is that ? Is the market betting that the China approvals will not be given.
And by when is China's decision expected ?
Appreciate your advise as always,
Thanks
Rajesh
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