AFTER United States President Donald Trump’s tariffs sent global markets sideways, Silicon Valley private equity firm Silver Lake Partners and chipmaker Intel added some new terms to a deal they had spent months negotiating.
The talks continued for an extra week, during which the new clause was inserted into the final agreement announced last Monday that deferred close to a third of the US$4.46bil it was paying for a majority stake in Intel’s programmable chip business Altera, according to someone familiar with the matter.
