City Of London
HPE’s $14 Billion Juniper Deal Attracts UK Antitrust Scrutiny
- UK watchdog will decide if deal poses any competition concerns
- The CMA said it’ll make a decision for full review by Aug. 14
Juniper Networks headquarters in Sunnyvale, California.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Hewlett Packard Enterprise Co.’s $14 billion deal to buy Juniper Networks Inc., in a move that will expand its presence in networking, will be investigated by the UK’s antitrust watchdog.
The Competition and Markets Authority said Wednesday it had started a merger inquiry to look at whether the deal raises any competition concerns. The agency set a Aug. 14 deadline to make a call on whether to probe the deal in full.