HashiCorp gains after UK regulator approves IBM deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2025
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Source: SeekingAlpha
UK Approval for IBM Acquisition: HashiCorp's $6.4 billion sale to IBM received approval from the UK's Competition and Markets Authority, boosting its stock by 1.1% in premarket trading.
Pending US Approval: The deal still requires approval from the U.S. Federal Trade Commission, which issued a second request in July, with IBM expecting the transaction to close in early 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
