Trade War Raises Alarm for Ansys-Synopsys Deal Needing China Nod

The escalating tariff fight between the US and China is casting a shadow over one of the world’s biggest pending deals, and traders are growing fearful that the takeover will get bogged down by Beijing’s antitrust regulators.

Ansys Inc., which agreed to be bought by chip-designer Synopsys Inc. for about $34 billion back in January 2024, ranks as the world’s sixth-biggest acquisition of the past two years, according to data compiled by Bloomberg. But in less than two weeks the deal spread — the difference the value of the cash-and-stock offer and current trading price of the target company ...