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Evening Standard
Evening Standard
World
Martyn Landi

HISTORICAL FACTS: Amazon terminates takeover of irobot over eu regulatory issues | History Defined

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.

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