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Market Chatter: Hewlett Packard Set to Receive EU Approval for $14 Billion Juniper Networks Acquisition
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Market Chatter: Hewlett Packard Set to Receive EU Approval for $14 Billion Juniper Networks Acquisition
Jul 29, 2024 7:30 AM

10:12 AM EDT, 07/29/2024 (MT Newswires) -- Hewlett Packard Enterprise ( HPE ) is expected to receive unconditional European Union antitrust approval for its $14 billion acquisition of Juniper Networks ( JNPR ) , Reuters reported Monday, citing people familiar with the matter.

The European Commission is expected to make a decision by Aug. 1, while Britain's antitrust authority will decide by Aug. 14, the report said.

Hewlett Packard ( HPE ) and Juniper Networks ( JNPR ) did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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