Mergers & Acquisitions Mergers & Acquisitions

Salesforce-Slack deal cleared in Australia after regulator finds little competitive overlap

By Laurel Henning
  • 19 May 2021 19:43
  • 20 May 2021 00:20’s $27.7 billion deal to acquire the workplace-messaging platform Slack has cleared a public merger review in Australia, after the country’s competition watchdog found little competitive overlap between the two companies.
In a statement announcing it wouldn’t oppose the merger, Rod Sims, the chair of the Australian Competition & Consumer

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Laurel Henning

Senior Correspondent

Laurel is a senior correspondent specializing in competition law, data privacy and security, in Australia and New Zealand. Laurel reports from Sydney on criminal-cartel legislation and white-collar crime, as well as competition and consumer lawsuits involving companies including Google, Meta Platforms and Apple. While at MLex Laurel has also reported boardroom disputes and shareholder campaigns agitating for changes to company strategy. Laurel joined MLex in 2013 and reported for five years on European energy and climate policies from Brussels. In that time, Laurel covered the regulation of emissions and technological developments pertaining to the energy sector within the EU, as well as the Paris agreement in 2015. A graduate of the University of Liverpool, Laurel studied English and French before beginning a career in journalism with MLex.

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