financetom
Business
financetom
/
Business
/
Market Chatter: Synopsys Offers to Offload Two Units to Win EU Approval for Ansys Deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Synopsys Offers to Offload Two Units to Win EU Approval for Ansys Deal
Dec 11, 2024 11:27 AM

02:11 PM EST, 12/11/2024 (MT Newswires) -- Synopsys ( SNPS ) has offered to offload two units to win the EU's approval for its $35 billion acquisition of Ansys ( ANSS ) , Reuters reported Wednesday, citing people familiar with the matter.

The company is willing to sell its unit Optical Solutions Group, and another from Ansys ( ANSS ), namely Ansys PowerArtist, to win the European Commission's nod, the report said.

The European Commission will seek feedback from rivals and customers on Synopsys' ( SNPS ) proposal until the coming Monday before making a final decision on Jan. 10.

Synopsys ( SNPS ) and Ansys ( ANSS ) did not immediately respond to requests for comment from MT Newswires.

(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.)

Price: 514.39, Change: +9.07, Percent Change: +1.79

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Servicenow Insider Sold Shares Worth $3,514,471, According to a Recent SEC Filing
Servicenow Insider Sold Shares Worth $3,514,471, According to a Recent SEC Filing
Nov 9, 2024
04:49 PM EST, 11/06/2024 (MT Newswires) -- Gina Mastantuono, Chief Financial Officer, on November 04, 2024, sold 3,667 shares in Servicenow ( NOW ) for $3,514,471. Following the Form 4 filing with the SEC, Mastantuono has control over a total of 10,984 shares of the company, with 10,984 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1373715/000137371524000348/xslF345X05/wk-form4_1730927878.xml ...
American Well Insider Sold Shares Worth $415,511, According to a Recent SEC Filing
American Well Insider Sold Shares Worth $415,511, According to a Recent SEC Filing
Nov 9, 2024
04:50 PM EST, 11/06/2024 (MT Newswires) -- Mark Hirschhorn, Chief Financial Officer, on November 04, 2024, sold 46,345 shares in American Well ( AMWL ) for $415,511. Following the Form 4 filing with the SEC, Hirschhorn has control over a total of 214,382 shares of the company, with 214,382 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1393584/000095017024122398/xslF345X05/ownership.xml ...
Masco Insider Sold Shares Worth $3,394,925, According to a Recent SEC Filing
Masco Insider Sold Shares Worth $3,394,925, According to a Recent SEC Filing
Nov 9, 2024
04:49 PM EST, 11/06/2024 (MT Newswires) -- Renee Straber, Vice President, Chief Human Resources Officer, on November 04, 2024, sold 42,150 shares in Masco ( MAS ) for $3,394,925. Following the Form 4 filing with the SEC, Straber has control over a total of 33,864 shares of the company, with 33,864 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/62996/000122520824009676/xslF345X05/doc4.xml ...
SSR Mining Edges Up in US After Hours Trade Although Its Q3 Profit Misses Forecasts; Provides Copler Update
SSR Mining Edges Up in US After Hours Trade Although Its Q3 Profit Misses Forecasts; Provides Copler Update
Nov 9, 2024
04:49 PM EST, 11/06/2024 (MT Newswires) -- SSR Mining ( SSRGF ) (SSRM.TO, SSRM) edged higher in after-hours Nasdaq trade after the company said its third-quarter adjusted profit fell 88%, missing forecasts, and offered an update on its troubled Copler mine in Turkey. The company said its adjusted profit, excluding most one-time items, fell to US$6.36 million, or US$0.03 per...
Copyright 2023-2025 - www.financetom.com All Rights Reserved