U.K. Office of Fair Trading Approves SAP Acquisition of Ariba

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SAP AG
SAP
and Ariba, Inc.
ARBA
today announced that the UK Office of Fair Trading has advised it will not refer the acquisition of Ariba by SAP to the UK Competition Commission. SAP and Ariba anticipate completing the acquisition at the beginning of the fourth quarter of calendar year 2012 after receiving clearance from the U.S. Department of Justice, the last remaining regulatory condition for the transaction.
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