The UK’s Competition and Markets Authority has opened an investigation into whether Hewlett Packard Enterprise’s (HPE) planned $14 billion acquisition of Juniper Networks (JNPR) could create competition concerns.
Hewlett Packard Enterprise CEO Antonio Neri joins Market Domination to break down the details of the probe and give insight into how the acquisition will be a tailwind for business.
Neri lays out how the probe will proceed: "We work with the regulator in the UK and basically we work with them to file our approval for the transaction, a standard process. In the UK, you have 60 days to go through that process and the last day for the regulators to come back to us, we are very well engaged is August 14th. So this is standard regulatory process and we are very excited because that means we are in the timelines."
#youtube #stocks #finance
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
