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UK Regulator Raises Concerns Over NortonLifeLock-Avast Deal

UK regulatory body concerned about NortonLifeLock’s $8.6 billion plan to purchase rival Avast. Regulator: Deal could lead to a reduction in competition in the U.K. Regulator asks for ‘clear-cut solution’ to address anti-competition concerns. U.S. regulatory body: Deal is expected to close in mid- to late 2022. Avast says the strategic logic for the merger with NLL remains the same, with the combined company becoming a leading global consumer cyber safety business.”]

Source: https://www.cuinfosecurity.com/uk-regulator-raises-concerns-over-nortonlifelock-avast-deal-a-18734

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