EU to clear without conditions $34 bln IBM, Red Hat deal - sources [Reuters]
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Source: Reuters
EU to clear without conditions $34 bln IBM, Red Hat deal - sources - Reuters 1 Min Read BRUSSELS, June 19 (Reuters) - EU antitrust regulators are expected to clear U.S. tech giant International Business Machines Corp’s $34 billion bid for software company Red Hat without demanding concessions, people familiar with the matter said on Wednesday. IBM is seeking to expand its subscription-based software offerings via the deal, its biggest to date, to counter slowing software sales and waning demand for mainframe servers. (Reporting by Foo Yun Chee; Editing by Alissa de Carbonnel) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. EU to clear without conditions $34 bln IBM, Red Hat deal - sources BRUSSELS, June 19 (Reuters) - EU antitrust regulators are expected to clear U.S. tech giant International Business Machines Corp’s $34 billion bid for software company Red Hat without demanding concession
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