Synopsys And ANSYS Receive Notice From Chinese Regulator The Deal Is Below The Chinese Merger Notification Thresholds
Portfolio Pulse from Benzinga Newsdesk
Synopsys received a notice from the Chinese regulator stating that its acquisition of Ansys is below the Chinese merger notification thresholds but still requires notification. The transaction is expected to close in the first half of 2025, pending shareholder and regulatory approvals.
May 16, 2024 | 1:40 pm
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Ansys is involved in an acquisition by Synopsys, which received a notice from the Chinese regulator stating the deal is below the merger notification thresholds but still requires notification. The transaction is expected to close in the first half of 2025, pending approvals.
The notice from the Chinese regulator introduces an additional step in the acquisition process but does not appear to pose a significant obstacle. The deal is still expected to close in the first half of 2025, pending approvals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Synopsys received a notice from the Chinese regulator regarding its acquisition of Ansys, stating that the deal is below the merger notification thresholds but still requires notification. The transaction is expected to close in the first half of 2025, pending approvals.
The notice from the Chinese regulator introduces an additional step in the acquisition process but does not appear to pose a significant obstacle. The deal is still expected to close in the first half of 2025, pending approvals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100