Amazon-iRobot deal scrapped after EU challenge - BBC News
Jan 29, 2024 · Shares in iRobot tumbled more than 15% on the news. They are down by more than 50% so far this year. Amazon takeover of iRobot to be blocked by EU. Amazon's pursuit …
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Amazon-iRobot Deal Scrapped After EU Challenge - BBC News
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Jan 29, 2024 · Shares in iRobot tumbled more than 15% on the news. They are down by more than 50% so far this year. Amazon takeover of iRobot to be blocked by EU. Amazon's pursuit …
bbc.co.uk
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Amazon Has Not Offered Remedies To EU Concerns Over IRobot Deal
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Follow. BRUSSELS, Jan 11 (Reuters) - Amazon (AMZN.O) has not offered remedies to address concerns of EU antitrust regulators over its $1.4 billion acquisition of robot vacuum maker …
reuters.com
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Amazon Scraps Deal To Buy Roomba Maker IRobot Amid Scrutiny
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Jan 29, 2024 · Amazon Scraps Deal to Buy Maker of Roomba Amid Regulatory Scrutiny. Amazon walked away from the $1.7 billion acquisition of iRobot as it faces questions from regulators in …
nytimes.com
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Amazon’s Purchase Of IRobot Could Restrict Competition, EU …
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Nov 27, 2023 · Amazon’s planned $1.45bn acquisition of iRobot has drawn a formal objection from the EU’s antitrust regulator, which said the deal could allow the tech giant to use its …
ft.com
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Amazon Takeover Of IRobot To Be Blocked By EU - BBC
1 week from now
Jan 19, 2024 · The online giant moved to buy iRobot, maker of the Roomba cleaner, in August 2022 in a takeover deal set to cost $1.7bn (£1.4bn). ... especially if Amazon were to give the …
bbc.com
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Amazon Scraps $1.7 Billion Deal To Buy Roomba Maker IRobot …
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Jan 29, 2024 · In 2022, Amazon announced that it would buy the Bedford, Massachusetts-based company for $1.7 billion in cash. But the value of the deal fell 15% after iRobot incurred new …
fortune.com
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Amazon, Roomba-Parent IRobot Abandon $1.4 Billion Merger Deal
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Jan 29, 2024 · Amazon said its proposed $1.4 billion acquisition of iRobot had no path to regulatory approval in the European Union. EU antitrust chief Margrethe Vestager said …
usnews.com
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Amazon Terminates $1.4 Billion IRobot Acquisition After EU Veto …
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Jan 29, 2024 · As outlined in the original agreement, Amazon is paying iRobot a $94 million termination fee now that the deal is dead. This isn't exactly the first time Amazon and the EU …
engadget.com
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Roomba Maker IRobot Shares Plunge On Report Amazon Deal Faces …
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Jan 19, 2024 · AMZN. IRBT. (Reuters) — IRobot shares slumped 36% in premarket trading on Friday after a report the European Union antitrust regulator was planning to block …
yahoo.com
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Amazon's IRobot Deal Faces EU Antitrust Veto, Sources Say
1 week from now
BRUSSELS, Jan 19 (Reuters) - Amazon's (AMZN.O) $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O) will be blocked by EU antitrust regulators, three people familiar with …
reuters.com
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Amazon Takeover Of IRobot To Be Blocked By EU - BBC News
1 week from now
Jan 19, 2024 · Amazon declined to comment. The online giant moved to buy iRobot, maker of the Roomba cleaner, in August 2022 in a takeover deal set to cost $1.7bn (£1.4bn). It was looking …
bbc.co.uk
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EU Antitrust Regulator Intends To Block Amazon's IRobot …
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Jan 18, 2024 · 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, …
reuters.com
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Amazon Fails To Offer EU Remedies In $1.4 Billion IRobot Deal
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Jan 11, 2024 · Amazon.com Inc. ’s $1.4 billion deal to buy Roomba-maker iRobot Corp. has been cast into doubt after the firm opted not to offer concessions to the European Union. According …
bloomberg.com
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Amazon To Defend IRobot Buy At Dec 18 EU Hearing, Source Says
1 week from now
Dec 12, 2023 · Amazon will defend its $1.4 billion purchase of robot vacuum maker iRobot at a closed EU hearing on Dec. 18, a person with direct knowledge of the matter said, three weeks …
reuters.com
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EU Commission Intends To Block Amazon’s IRobot Acquisition
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Jan 18, 2024 · The European Union’s competition watchdog intends to block Amazon ’s $1.7 billion bid to purchase Roomba maker iRobot IRBT 4.12%, people familiar with the matter …
wsj.com
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