MXIM - Analog Devices may get early EU approval for Maxim acquisition reports say
Analog Devices (ADI) has skipped offering concessions to the European Union for its planned purchase of Maxim Integrated (MXIM), a sign that it may get early approval from the antitrust regulator, according to several reports.Analog didn't file remedies by the March 24 deadline, meaning that the company may get unconditional approval by the March 31 decision deadline, Bloomberg and MLex reported.The European antitrust regulator didn't have a "state of play" meeting with the companies last week, which likely means the authority doesn't have an issue with the deal, according to MLex.Analog Digital is still awaiting Chinese antitrust approval for the Maxim deal.Recall Feb. 25, EU sets deadline of March 31 for Analog's purchase of Maxim Integrated.
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Analog Devices may get early EU approval for Maxim acquisition, reports say