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Sundry Pictures/iStock Editorial by way of Getty Pictures
IBM’s (NYSE:IBM) deliberate $6.4 billion buy of HashiCorp (NASDAQ:HCP) is being reviewed by the UK’s antitrust regulator.
The UK’s Competitors and Markets Authority on Aug. 1 knowledgeable the businesses that it plans to start a Part 1 overview of the deal, in accordance to an 8-Okay submitting on Tuesday.
The disclosure comes after the transaction additionally acquired a second request from the Federal Commerce Fee final month.
IBM in late April agreed to purchase HashiCorp for $35 a share in money.
Shares of HashiCorp (HCP) ticked decrease by 0.4% on Tuesday.
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