The U.K. competition regulator said it could approve chip design software group Synopsys’s $35 billion purchase of Ansys after the companies offered to sell off business units to ease regulators’ concerns.
The Competition and Markets Authority said Wednesday that there are reasonable grounds for it to let the deal go ahead with the concessions the companies have offered. It now has until March 5 to decide whether to accept the undertakings, but can extend this until May 6 under special circumstances.
