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 Commission, or ACCC,

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