Why China-export rules boosts this M&A arbitrage?
@JacksNiffler:
The Biden administration unilaterally upgraded chip-related sanctions against China, affecting not only the 8% intraday drop in $NVIDIA Corp(NVDA)$ (though it closed at -4%), but also the acquisition of $VMware(VMW)$ . $Broadcom(AVGO)$ was planning to acquire VMware for over $60 billion, making it a crucial deal hinging on antitrust regulations in various countries. While countries like the UK, South Korea, and Japan had previously given their consent for this union, China's stance on "chip sanctions" became the most significant variable in this merger. Last Friday (October 12th), there were reports in the media that Chinese regulators had intentions to "greenlig