Google announced its plans to buy Fitbit in November 2019, noting that it would use the smartwatch maker to improve its lagging hardware business. — Fitbit/TNS
Google is set to win conditional European Union approval for its US$2.1bil (RM8.56bil) takeover of health tracker Fitbit Inc this month, people familiar with the discussions said.
The deal could be approved as soon as next week after national competition authorities give their opinion, said the people who asked not to be named because the procedure isn’t public. The EU usually consults the so-called advisory committee on mergers days before it issues approval.
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