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Amazon gets UK nod to buy vacuum cleaner maker iRobot for $1.7 bn
short by Mansi Agarwal / on Friday, 16 June, 2023
The UK Competition and Markets Authority (CMA) has approved Amazon's planned $1.7-billion takeover of Roomba robot vacuum cleaner maker iRobot. "The deal would not lead to competition concerns in the UK," CMA said, concluding its probe that started in April. Shares of iRobot jumped over 22% in pre-market trade following the news of the approval.
read more at Reuters