It's 2B$ termination fees if the deal doesn't go through. Who's gonna pay for it? Mexico ?
6 replies (most recent on top)
I though the NXP deal is left only the last approval which is from China?
you do understand, right, that NXP does not want to sell at the current offer price into a train wreck... its not just China that is making this hard for us.
No Mexico has to pay for the wall. Make India pay for it !
China sees that $2b termination fee and seess a great opportunity to 'extract' $2b concessions.
Pay China to close or
Pay NXP to terminate.
Either way, NXP is one costly purchase. No good choices here.
And what if the deal is closed? Q may still have to lay off people in wake of merging
$2 billion cost reduction in September!