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		<title>iRobot stock up 39% on report Amazon deal set to get EU approval</title>
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		<pubDate>Sat, 25 Nov 2023 09:53:22 +0000</pubDate>
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<p>[ad_1] iRobot&#8217;s Roomba. Source: iRobot Shares of iRobot, the maker of Roomba vacuums, closed up about 39% Friday after a report said the European Union is set to approve Amazon&#8217;s $1.7 billion acquisition of the company. Reuters said Thursday morning the deal is set to &#8220;win unconditional EU antitrust approval,&#8221; citing three sources familiar with [&#8230;]</p>
<p>The post <a href="https://xnftcrypto.com/irobot-stock-up-39-on-report-amazon-deal-set-to-get-eu-approval/">iRobot stock up 39% on report Amazon deal set to get EU approval</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://xnftcrypto.com/wp-content/uploads/2023/11/iRobot-stock-up-39-on-report-Amazon-deal-set-to.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://xnftcrypto.com/wp-content/uploads/2023/11/iRobot-stock-up-39-on-report-Amazon-deal-set-to.jpg 1920w, https://xnftcrypto.com/wp-content/uploads/2023/11/iRobot-stock-up-39-on-report-Amazon-deal-set-to-300x169.jpg 300w, https://xnftcrypto.com/wp-content/uploads/2023/11/iRobot-stock-up-39-on-report-Amazon-deal-set-to-1024x576.jpg 1024w, https://xnftcrypto.com/wp-content/uploads/2023/11/iRobot-stock-up-39-on-report-Amazon-deal-set-to-768x432.jpg 768w, https://xnftcrypto.com/wp-content/uploads/2023/11/iRobot-stock-up-39-on-report-Amazon-deal-set-to-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div><p> [ad_1]<br />
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<p>iRobot&#8217;s Roomba.</p>
<p>Source: iRobot</p>
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<p>Shares of <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">iRobot<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>, the maker of Roomba vacuums, closed up about 39% Friday after a report said the European Union is set to approve Amazon&#8217;s $1.7 billion acquisition of the company.</p>
<p>Reuters said Thursday morning the deal is set to &#8220;win unconditional EU antitrust approval,&#8221; citing three sources familiar with the matter. The European Commission is expected to rule on the deal by Feb. 14.</p>
<p>Representatives from the European Commission didn&#8217;t immediately respond to CNBC&#8217;s request for comment.</p>
<p>The deal is still under review by the U.S. Federal Trade Commission. The U.K.&#8217;s Competition and Markets Authority said in June the deal would not result in &#8220;a substantial lessening of competition&#8221; in the U.K.</p>
<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4">Amazon<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> shares were flat.</p>
<p>Amazon announced its intention to acquire iRobot in August 2022 for $61 a share in an all-cash deal.</p>
<p>The acquisition marks Amazon&#8217;s fourth-largest deal, behind its $13.7 billion purchase of grocery chain Whole Foods in 2017, its $8.45 billion purchase of film studio MGM in 2021 and its $3.9 billion acquisition of boutique primary-care provider One Medical, announced last July.</p>
<p>— CNBC&#8217;s Annie Palmer contributed to this report.</p>
<p>Subscribe to CNBC on YouTube. </p>
<p>Don&#8217;t miss these stories from CNBC PRO:</p>
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<p>The post <a href="https://xnftcrypto.com/irobot-stock-up-39-on-report-amazon-deal-set-to-get-eu-approval/">iRobot stock up 39% on report Amazon deal set to get EU approval</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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