Synopsys' (SNPS) acquisition of Ansys (ANSS) in a $35 billion deal is expected to secure conditional EU antitrust approval based on the company's offer to sell two units, Reuters reported Monday, citing people with direct knowledge of the matter.
Synopsys earlier this month offered to divest its Optical Solutions Group unit and Ansys PowerArtist to address the European Commission's competition concerns, Reuters reported.
The company is expected to offer the same remedies to the UK competition regulator after it voiced concerns last week about the impact of the deal, Reuters reported, citing sources.
Synopsys and Ansys did not immediately respond to MT Newswires' requests for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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