Ericsson Hopeful About Pending CFIUS Approval
Swedish telecommunications company Ericsson is still awaiting approval from the Committee on Foreign Investment in the U.S. for its acquisition of American telecom company Vonage (see 2202180020) but is hopeful the deal will go through. The company hopes to complete…
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the acquisition during the second quarter of this year, an Ericsson spokesperson said in a May 18 email. “We are fully committed to moving ahead to close the deal,” the spokesperson said.