Amazon drops $1.4bn deal to buy iRobot after EU veto reports

Amazon drops $1.4bn deal to buy iRobot after EU veto reports

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Amazon has dropped its planned $1.4bn (£1.1bn) acquisition of the Roomba maker iRobot, amid EUopposition to the deal. The e-commerce company will pay a $94m break fee to iRobot, which immediately announced plans to axe 31% of its workforce – or 350 employees – and the departure of its chief…

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