Deals
Seagate, Western Digital Hard-Disk Deals Face EU Probes
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Seagate Technology Plc and Western Digital Corp. face extended antitrust scrutiny from European Union regulators into separate deals to expand their hard-disk drive businesses amid a demand slump.
The European Commission opened in-depth probes into Seagate’s bid to buy Samsung Electronics Co.’s computer hard-disk drive operations and Western Digital’s purchase of Hitachi Ltd.’s storage business with a deadline of Oct. 10 to rule on the deals, it said in an e-mailed statement today.