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AMD Acquisition of Xilinx Receives UK Regulatory Approval

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AMD’s planned acquisition of Xilinx has been cleared by the United Kingdom Competition and Markets Authority (CMA). In May, the CMA announced that it was studying the deal. Today it became known that the regulator found no reason to object to the acquisition. British laws assess such transactions in terms of possible harm to existing business, national security of the country and other areas. A detailed rationale for the CMA’s decision will be published shortly, but for now, regulators have announced their approval.

Earlier, the period within which the US Federal Trade Commission (FTC) could object to the deal had expired.

AMD has also presented its plans to acquire Xilinx to the European Commission. The preliminary deadline for a response from the European Commission expires at the end of this month. If the deal is approved in the EU, it will remain to obtain permission in China.

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