HashiCorp And IBM Receive Notification From UK's CMA For Phase I Review Of Merger; Merger Expected To Close By End Of 2024
Portfolio Pulse from Benzinga Newsdesk
HashiCorp and IBM have received notification from the UK's Competition and Markets Authority (CMA) for a Phase I review of their merger. The merger is expected to close by the end of 2024.
August 06, 2024 | 1:33 pm
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HashiCorp has received notification from the UK's CMA for a Phase I review of its merger with IBM. The merger is expected to close by the end of 2024.
The notification from the UK's CMA is a significant step in the merger process. If the merger proceeds as planned, it could lead to synergies and growth opportunities for HashiCorp.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
IBM has received notification from the UK's CMA for a Phase I review of its merger with HashiCorp. The merger is expected to close by the end of 2024.
The notification from the UK's CMA is a significant step in the merger process. If the merger proceeds as planned, it could lead to synergies and growth opportunities for IBM.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100