By Ian Walker
The U.K. Competition and Markets Authority said Monday that it is inviting comments from interested parties into Advanced Micro Devices Inc.'s anticipated acquisition of Xilinx Inc. ahead of a formal investigation into the deal.
The regulator said it is considering whether the deal will lead to a "substantial lessening of competition," and has set a deadline of May 21 for parties to comment.
Advanced Micro Devices agreed to buy rival chip maker Xilinx Inc. last October in a $35 billion deal which was approved by both sets of shareholders on April 7.
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(END) Dow Jones Newswires
May 10, 2021 06:34 ET (10:34 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.