SINGAPORE - In 2006, the United Arab Emirates government-owned Dubai Ports World tried to buy British shipping company P&O, which owned, among other assets, six US ports. The takeover bid was eventually blocked on national security considerations.
A more recent example of an investment deal that gave rise to national security concerns was in 2020, with US semiconductor giant Nvidia’s plan to acquire British-based chip designer Arm from Japan’s SoftBank. Arm’s technology is used largely in chips for smartphones.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
