--Softbank's $66 billion sale of Arm, a chip business, to Nvidia collapsed on Monday after regulators raised concerns, The Financial Times reported, citing "three people with direct knowledge of the transaction."

--U.S, U.K. and EU regulators raised concerns about the deal's impact on competition in the global semiconductor industry, the report said.

--Softbank will get a break-up fee of up to $1.25 billion and is looking at an initial public offering for Arm, the report said, citing "one of the people."

Full story: https://www.ft.com/content/59c0d5f9-ed6a-4de6-a997-f25faed58833

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

February 07, 2022 19:17 ET (00:17 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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