- The European Union has set a provisional deadline of Sept. 21 to rule on Hellman & Friedman and Permira's planned purchase of Zendesk ( NYSE: ZEN ).
- The EU was notified about the transaction on Wednesday, according to a posting on the regulator's website.
- Last month, Zendesk ( ZEN ) and its acquirers Permira and Hellman & Friedman filed with Chinese antitrust regulators for the deal. Zendesk filed for approval of its sale under "simplified procedure" with China's State Administration for Market Regulation, or SAMR, according to the agency's website.
- Zendesk agreed in late June to be to investor group led by Permira and Hellman & Friedman for $10.2 billion, or $77.50/share.
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EU sets provisional deadline for Sept. 21 to rule on acquisition of Zendesk