A PYMNTS Company

UK Regulator Probes NortonLifeLock $8.6B Cyber Security Deal

By  |  January 19, 2022

Britain’s competition regulator has launched an investigation into whether a takeover by cybersecurity firm NortonLifeLock of London-listed rival Avast will reduce choice for customers in the country.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The Competition and Markets Authority announced on Wednesday, January 19, it had launched a merger inquiry, inviting comments from interested parties and giving a deadline of March 16 for a preliminary decision.

    The deal, announced in August for up to US$8.6 billion in cash and shares, aims to create a leader in consumer security software.

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.