STMicroelectronics mulling offer for Oslo-listed Nordic Semiconductor -paper

Reuters2021-05-20

Franco-Italian chipmaker STMicroelectronics , is mulling an offer to buy Oslo-listed rival Nordic Semiconductor, Italian daily MF said on Thursday.

The report said preliminary talks had been held already and that an offer could follow shortly.

Nordic Semiconductor has a market capitalisation of around $4.5 billion.

STMicroelectronics could not immediately be reached for a comment.

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