LONDON, Sept 14 (Reuters) - Britain will not hesitate to
take appropriate action over a takeover if it has a significant
impact on the country, a government spokesman said, when asked
about Nvidia Corp's $40 billion deal for chip designer
Arm.
"ARM is an important part of the UK's tech sector and makes
a significant contribution to the UK economy," the spokesman
said.
"While acquisitions are primarily a commercial matter for
the parties concerned, the government monitors these closely and
when a takeover may have a significant impact on the UK we will
not hesitate to investigate further and take appropriate
action."
(Reporting by Kate Holton; editing by Guy Faulconbridge)