Amazon takeover of iRobot to be blocked by EU - BBC News

19 January 2024. Shiona McCallum. Technology reporter. Getty Images. Amazon's takeover of vacuum cleaner maker iRobot is set to be blocked by the European Union's competition …


Install CouponFollow Chrome Extension   CouponFollow Extension

15%
OFF

Amazon-iRobot Deal Scrapped After EU Challenge - BBC News

1 week from now

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

$1
OFF

Amazon’s $1.4 Billion IRobot Deal To Be Blocked By EU Antitrust …

1 week from now

Jan 19, 2024  · (Bloomberg) -- Amazon.com Inc.’s proposed $1.4 billion acquisition of Roomba maker iRobot Corp. is expected to be blocked by the European Union’s antitrust regulator over …

yahoo.com

$1
OFF

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

$1
OFF

Amazon, Roomba-Parent IRobot Abandon $1.4 Billion Merger Deal

1 week from now

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

$1
OFF

Amazon Pulls The Plug On IRobot Amid Disappointing EU Connection

1 week from now

Jan 29, 2024  · Amazon drops $1.4 billion bid for iRobot amid disagreements with EU regulators threatening to block the deal in 2022. Amazon has abandoned its intended $1.4 billion (€1.3 …

euronews.com

$1
OFF

Amazon Takeover Of IRobot Faces UK Watchdog Review - BBC

1 week from now

Apr 6, 2023  · Both Amazon and iRobot have both said they are "working co-operatively" with regulators. Amazon announced it was buying iRobot last year in a $1.7bn (£1.4bn) takeover …

bbc.com

36%
OFF

Roomba Maker IRobot Shares Plunge On Report Amazon Deal Faces …

1 week from now

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

19%
OFF

Amazon Scraps $1.7 Billion Deal To Buy Roomba Maker IRobot …

1 week from now

Jan 29, 2024  · Shares of iRobot tumbled as much as nearly 19% on news of the canceled deal. In 2022, Amazon announced that it would buy the Bedford, Massachusetts-based company for …

fortune.com

$1
OFF

Amazon’s (AMZN) IRobot (IRBT) Takeover To Be Blocked By EU's …

1 week from now

Jan 18, 2024  · Amazon.com Inc.’s proposed $1.4 billion acquisition of Roomba maker iRobot Corp.is expected to be blocked by the European Union’s antitrust regulator over concerns that …

bloomberg.com

$1
OFF

Exclusive: Amazon To Win Unconditional EU Nod For IRobot Deal

1 week from now

BRUSSELS, Nov 23 (Reuters) - Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O), three people …

reuters.com

FAQs about Amazon takeover of iRobot to be blocked by EU - BBC News Coupon?

Will Amazon take over iRobot?

Amazon's planned takeover of Roomba vacuum cleaner maker iRobot is being reviewed by the UK's competition watchdog. The Competition and Markets Authority (CMA) is looking at whether the deal could lead to "a substantial lessening of competition". Amazon is seeking to grow its operations for smart home appliances. ...

Will iRobot be blocked by EU competition watchdog?

Amazon's takeover of vacuum cleaner maker iRobot is set to be blocked by the European Union's competition watchdog, the BBC understands. It's a blow to the tech giant, which was previously given the all-clear for the purchase by the UK government's competition watchdog. ...

Will Amazon's iRobot deal hurt other robot vacuum makers?

(Bloomberg) -- Amazon.com Inc.’s proposed $1.4 billion acquisition of Roomba maker iRobot Corp. is expected to be blocked by the European Union’s antitrust regulator over concerns that the deal will harm other robot vacuum makers. ...

Why did Amazon drop $1.4 billion bid for iRobot?

Amazon drops $1.4 billion bid for iRobot amid disagreements with EU regulators threatening to block the deal in 2022. Amazon has abandoned its intended $1.4 billion (€1.3 billion) acquisition of iRobot, the maker of Roomba, following disagreements with European Union regulators who warned of blocking the deal. ...

What happened to iRobot shares after Amazon canceled deal?

Shares of iRobot tumbled as much as nearly 19% on news of the canceled deal. 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 debt. ...

Will EU regulators block Amazon's iRobot deal?

European Union regulators intend to block Amazon's attempt to purchase Roomba-maker iRobot, The Wall Street Journal reported yesterday. European Commission competition officials "met Thursday with representatives from Amazon to discuss the deal," the Journal wrote, citing people familiar with the matter. ...

Install CouponFollow Extension on Chrome

Install the CouponFollow extension to search for discount codes when shopping the fastest!

Install CouponFollow Chrome Extension   Install CouponFollow Chrome Extension