Amazon takeover of iRobot to be blocked by EU - BBC

Jan 19, 2024 · 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, …

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

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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 …

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

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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 …

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Amazon’s IRobot Deal To Be Blocked By EU Antitrust Watchdog (4)

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Jan 19, 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 …

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EU Antitrust Regulator Intends To Block Amazon's IRobot …

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Jan 18 (Reuters) - The European Union's competition watchdog plans to block Amazon.com's (AMZN.O) $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O), The Wall Street …

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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 …

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Amazon's IRobot Deal Faces EU Antitrust Veto, Sources Say

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Jan 19, 2024 · By Foo Yun Chee. 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, …

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Amazon, IRobot Deal May Get Blocked By EU Regulators: WSJ

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Jan 19, 2024 · Amazon's (AMZN) proposed $1.4 billion acquisition of iRobot Corporation (IRBT) is likely to be blocked by EU antitrust regulators, according to a Wall Street Journal report. …

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IRobot’s Stock Slides 9% Amid Concerns Amazon’s Takeover Will Be ...

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Jun 22, 2023 · The stock of Roomba parent iRobot Corp. fell 9% Thursday in heavy volume, amid concerns the Federal Trade Commission’s suit against Amazon.com Inc. may derail their …

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Here's The Latest On Amazon's Acquisition Of IRobot At The End Of …

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A brief timeline of Amazon's proposed acquisition of iRobot. In Aug. 2022, Amazon announced its intention to acquireiRobot in an all-cash deal for $1.7 billion at a buyout price of $61 per share ...

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

Will the European Union Block Amazon's iRobot acquisition?

Jan 18 (Reuters) - The European Union's competition watchdog plans to block Amazon.com's (AMZN.O) $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O), The Wall Street Journal said on Thursday, citing people familiar with the matter. Shares of the Roomba vacuum maker plunged nearly 40% to $14.3 in trading after the bell. ...

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. ...

Will Amazon's iRobot deal be rejected?

Amazon was told at meeting that deal is likely to be rejected, WSJ reports. European Union regulators intend to block Amazon's attempt to purchase Roomba-maker iRobot, The Wall Street Journal reported yesterday. ...

Should Amazon block iRobot deal?

"Blocking this deal may well leave consumers with fewer options, and regulators cannot sweep that fact under the rug," Schruers told Reuters. Roomba models sell in the region of £1648 in the UK. The EU's competition watchdog has made a decision on Amazon's bid to purchase iRobot. ...

Will Amazon take over iRobot Corp?

Traders are on edge about the outcome of Amazon.com Inc. ’s proposed takeover of iRobot Corp. after a competition warning from Europe’s antitrust watchdog cast doubts on the deal’s path to closing. The robot-vacuum maker’s stock was whipsawed this week and now trades around $35, more than 30% below Amazon’s $51.75-per-share offer Tuesday. ...

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. ...