Shares of iRobot (IRBT) skyrocketed after Reuters reported that Amazon’s (AMZN) $1.4 billion purchase of the Roomba vacuum cleaner maker could get unconditional 澳洲幸运5官方开奖结果体彩网:European Union (EU) approval.

Amazon 𒀰pa﷽red back the price tag for the deal in July this year, down from 澳洲幸运5官方开奖结果体彩网:$1.7 billion when it was first announced in August 2022. At that time, iRobot CEO Colin Angle said that Amazon shares his firm’s passion for building thoughtful innovations that empower people to do more at home, and “I cannot think of a better place for our team to continue our mission.”

However, the European Commission, which oversees antitrust issues for the EU, opened an “in-depth investigation” of the acquisition earlier this year. The commission explained that it was concerned that the transaction “would allow Amazon to restrict competition in the market for robot vacuum cleaners (‘RVCs') and to strengthen its position as online marketplace provider.” Officials were set to𝓰 ann💞ounce their decision by February 14.

The UK’s Competition and Markets Authority (CMA) gave its 澳洲幸运5官方开奖结果体彩网:approval in June.

iRobot shares added almost a third of their value on the news. Shares of Amazon were little changed.