Microsoft gains EU approval for US$26bil buy of LinkedIn


A 3D printed logo of Microsoft is seen in front of a displayed LinkedIn logo in this illustration taken June 13, 2016. REUTERS/Dado Ruvic/Illustration

BRUSSELS: Microsoft won EU antitrust approval on Dec 6 for its US$26bil (RM115.65bil) bid for professional social network LinkedIn, its largest ever acquisition, after agreeing to a series of modest concessions. 

The deal, which has already received the green light in the United States, Canada, Brazil and South Africa, would close in the coming days following the EU clearance, said Brad Smith, Microsoft's president and chief legal officer. 

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