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Synopsys-Ansys merger moves toward UK approval as regulator mulls offer

By Jon Menon ( January 8, 2025, 12:04 GMT | Insight) -- Synopsys has moved closer to gaining UK antitrust approval for its $35 billion buyout of Ansys after the antitrust regulator said that planned divestments may be sufficient to ease its competition concerns. The Competition and Markets Authority, which has performed an initial phase I review of the merger, has until March 5 to decide whether to accept the undertakings with the possibility on an extension to May 6 if there are special reasons to do so.US chip design toolmaker Synopsys took a big step closer to gaining UK antitrust approval for its $35 billion buyout of Ansys after the antitrust regulator said that planned asset sales may be sufficient to ease its competition concerns....

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