Ericsson’s $6.2 billion Vonage takeover gets U.S. clearance

2022.07.15 08:27

FILE PHOTO: Ericsson logo is seen at its headquarters in Stockholm, Sweden June 14, 2018. REUTERS/Olof Swahnberg

COPENHAGEN (Reuters) – Sweden’s Ericsson (BS:ERICAs) said on Friday it had received clearance from the Committee on Foreign Investment in the United States (CFIUS) to complete its acquisition of cloud communications firm Vonage.

It had said in June, the closing of the $6.2 billion acquisition was delayed to the end of July, from the first half of the year, due to a pending investigation by the U.S. national security panel.

Source