Cisco Systems won unconditional EU antitrust approval for its $28 billion bid for cybersecurity firm Splunk on Wednesday after EU regulators said they did not see any competition issues. The deal announced last year is...
Centre raises M&A thresholds for antitrust regulator’s nod
The Ministry of Corporate Affairs on Friday increased the asset and turnover thresholds for mergers and acquisitions of firms that would require the approval of the antitrust regulator, sparing small deals from...
Cisco’s Splunk deal set to win unconditional EU antitrust OK, sources say
Cisco Systems is set to secure unconditional EU antitrust approval for its $28 billion bid for cybersecurity firm Splunk, two people with direct knowledge of the matter said on Tuesday. The deal announced last year and...
JetBlue, Spirit Airlines call off $3.8 bln merger on antitrust hurdle
JetBlue Airways and Spirit Airlines scrapped their $3.8-billion merger agreement on Monday, with the low-cost carriers saying there was no path forward after a U.S. judge blocked the deal in January on anti-competition...
Korean Air wins EU antitrust approval for Asiana deal
Korean Air won EU antitrust approval on Tuesday to buy Asiana Airlines after the companies agreed to sell the latter’s cargo unit and divest routes to four European cities to a rival. Korean Air, South...
UK antitrust regulator begins investigation of Vodafone-Hutchison merger
Britain’s antitrust watchdog has launched an investigation into the $19 billion merger between Vodafone’s UK operation and CK Hutchison’s Three UK, reviewing whether the deal will hurt competition, it...
EU antitrust regulator intends to block Amazon’s iRobot acquisition – WSJ
The European Union’s competition watchdog plans to block Amazon.com’s $1.4 billion acquisition of robot vacuum maker iRobot, The Wall Street Journal said on Thursday, citing people familiar with the matter...
Reliance, Disney start antitrust diligence on India media merger
Indian billionaire Mukesh Ambani’s Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian media and entertainment merger, four people familiar with...
Bunge seeks antitrust approval for Viterra merger in major jurisdictions
Bunge has filed for regulatory approvals for its merger with crop handler Viterra in “major jurisdictions” in North and South America, Europe and China, and has gotten the green light from some of its...
Pfizer wins unconditional EU antitrust okay for $43 bln Seagen buy
U.S. pharmaceutical company Pfizer gained unconditional EU antitrust approval for its proposed $43 billion acquisition of cancer drug maker Seagen. Pfizer announced the deal in March, its largest purchase in a string of...
EU antitrust regulators set Oct. 20 deadline for Farfetch, Richemont deal
EU antitrust regulators will decide by Oct. 20 whether to clear luxury e-commerce company Farfetch’s acquisition of a stake in online fashion retailer YOOX Net-A-Porter (YNAP) from Richemont, a European Commission...
UK antitrust watchdog provisionally clears $1.58 bln UnitedHealth-EMIS deal
Britain’s competition regulator said on Friday it has provisionally cleared UnitedHealth Group’s 1.24 billion pounds ($1.58 billion) acquisition of healthcare technology firm EMIS. The Competition and...