By Anthony O. Goriainoff

 

The U.K.'s Competition and Markets Authority said Friday that it has cleared Salesforce.com Inc.'s (CRM) $15 billion acquisition of Tableau Software Inc.

The U.K. regulator said the acquisition won't be referred to a phase 2 investigation.

In October, the CMA said it would evaluate whether the deal resulted in the creation of a relevant merger situation under U.K. rules and, if so, whether that situation resulted or might be expected to result in a substantial lessening of competition in the country.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

November 22, 2019 07:48 ET (12:48 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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