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AMD Advanced Micro Devices Inc

148.25
-11.95 (-7.46%)
After Hours
Last Updated: 22:30:30
Delayed by 15 minutes
Share Name Share Symbol Market Type
Advanced Micro Devices Inc NASDAQ:AMD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -11.95 -7.46% 148.25 148.12 148.36 162.2799 158.41 160.63 58,021,470 22:30:30

UK Regulator Clears Acquisition of Xilinx by Advanced Micro Devices

29/06/2021 12:42pm

Dow Jones News


Advanced Micro Devices (NASDAQ:AMD)
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By Jaime Llinares Taboada

 

The U.K. Competition and Markets Authority said Tuesday that it has decided not to refer Advanced Micro Devices Inc.'s anticipated acquisition of Xilinx Inc. to a Phase 2 investigation.

The British competition watchdog had said in May that it was considering whether the deal will lead to a substantial lessening of competition.

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 Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

June 29, 2021 07:29 ET (11:29 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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