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The Dutch government blocks a U.S. company's acquisition of cloud service provider Solvinity

MarsBitNews
Mars Finance News, May 26 — According to Bloomberg, the Dutch government has blocked the proposed acquisition of Dutch cloud service provider Solvinity Group BV by American company Kyndryl, citing security concerns. Dutch Digital Economy Minister Willemijn Aerdts stated in a letter to Parliament on Tuesday: "The proposed Solvinity acquisition may pose risks to the public interest." She also announced that a "full ban" will be imposed on the transaction, which was originally close to completion.
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PrivateKeyInAGlassBottle
· 05-27 09:31
Almost finished but got snatched away, feeling sorry for Kyndryl
View OriginalReply0
TvlDownBad
· 05-26 15:57
In the future, cross-border mergers and acquisitions will require preparing multiple plans.
View OriginalReply0
DaoDoorKeeper
· 05-26 14:07
Put this case into the textbook later.
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MemeFisher
· 05-26 14:02
Kyndryl: I’ve already transferred the money, and you say it’s not okay?
View OriginalReply0
FrontrunTherapy
· 05-26 13:58
The Netherlands' move is quite harsh, they directly banned it.
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YieldTwilight
· 05-26 13:49
It is becoming increasingly difficult for American companies to acquire European cloud service providers.
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EvenRocksNeedLiquidity
· 05-26 13:49
Absolutely prohibited, no room for negotiation at all.
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BetaParanoiac
· 05-26 13:49
The Minister of Digital Economy personally stepped into the field, and the level is not low.
View OriginalReply0
MirrorBallPeeking
· 05-26 13:49
Solvinity escaped a disaster or missed the opportunity?
View OriginalReply0
RiskParachute
· 05-26 13:49
It's the same old story for security reasons again.
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