This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Amazon’s $1.7 billion iRobot acquisition will need US, EU merger approvals

By Natalie McNelis ( August 26, 2022, 10:59 GMT | Insight) -- Amazon’s $1.7 billion acquisition of iRobot, the maker of Roomba vacuum cleaners, will need merger approval in the US and EU, the company has disclosed. The companies have not anticipated a closing date, and the deadline for regulatory approval can be extended as far as August 2024. Amazon will have to pay iRobot a break fee of $94 million if the deal fails due to regulatory opposition.Amazon’s $1.7 billion acquisition of iRobot, the maker of Roomba vacuum cleaners, will need merger-control approval in the US and EU, the company has disclosed. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login