XLNX - AMD's planned purchase of Xilinx approved by UK's antitrust authority

JHVEPhoto/iStock Editorial via Getty Images AMD's (AMD) planned $35B acquisition of Xilinx (XLNX) has been approved by the UK's Competition and Markets Authority. The approval was disclosed on the UK CMA's website. In May the UK's CMA said it started its inquiry into the proposed deal. Earlier this month, Xilinx gained after report that European antitrust reportedly has no issues with AMD deal. The provisional dead for EU is June 30. The deal still is awaiting approval in China. In January, the mandatory waiting period required for the FTC and Department of Justice to investigate deals for potential antitrust issues expired.

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AMD's planned purchase of Xilinx approved by UK's antitrust authority