UK Regulator Seeks Comments on Advanced Micro Devices Acquisition of Xilinx
May 10 2021 - 6:49AM
Dow Jones News
By Ian Walker
The U.K. Competition and Markets Authority said Monday that it
is inviting comments from interested parties into Advanced Micro
Devices Inc.'s anticipated acquisition of Xilinx Inc. ahead of a
formal investigation into the deal.
The regulator said it is considering whether the deal will lead
to a "substantial lessening of competition," and has set a deadline
of May 21 for parties to comment.
Advanced Micro Devices agreed to buy rival chip maker Xilinx
Inc. last October in a $35 billion deal which was approved by both
sets of shareholders on April 7.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
May 10, 2021 06:34 ET (10:34 GMT)
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