02:34 PM EDT, 07/29/2024 (MT Newswires) -- (Updates with Hewlett Packard ( HPE ) declining to comment in the third paragraph and the companies' latest stock move in the fourth paragraph.)

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.

A Hewlett Packard ( HPE ) spokesperson declined to comment, while Juniper Networks ( JNPR ) did not respond to MT Newswires' request for comment.

Shares of Hewlett Packard ( HPE ) were down 1.5% in recent trading, while Juniper Networks ( JNPR ) rose 1.1%.

(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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