Amazon terminates takeover of iRobot over EU regulatory issues
by Martyn Landi
Jan 29, 2024
2 minutes
Amazon and robot vacuum cleaner firm iRobot have agreed to terminate their planned merger in the face of opposition from EU competition regulators.
Amazon had agreed a proposed 1.7 billion US dollar (around £1.3 billion) acquisition of the robot firm in August 2022.
But, in November 2023, the said its, , and Spain.
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