Over the weekend, the US department of Justice (DOJ) cleared SAP’s announced acquisition of Ariba, a move that represents the last major hurdle that SAP had to overcome to close the deal. This follows news from earlier last week that the U.K. Office of Fair Trading also approved SAP’s announced acquisition of Ariba. The DOJ clearance was something we predicted on Spend Matters PRO (and Spend Matters), but the announcement was by no means certain. In fact, as we referenced previously this summer, once proposed acquisitions receive a second request, nothing is certain.
PRO Analysis: DOJ and UK Fair Trading Office Clear SAP Acquisition of Ariba [Plus+]
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