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Broadband

Portugal clears Arris-Pace merger

Wednesday 30 September 2015 | 10:38 CET | News
Set-top box maker Arris has announced that its proposed acquisition of rival Pace has received unconditional merger clearance from the Portuguese Competition Authority after antitrust watchdogs in Germany and South Africa also approved the transaction. Arris said it has now obtained clearance in response to three of its six antitrust-related investigations in connection with the USD 2.1 billion acquisition of Pace first announced back in April.

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Categories: Fixed
Companies: Arris
Countries: Portugal
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