Synopsys submits regulatory notification for ANSYS acquisition to Chinese regulator; closing expected H1 2025

SYNOPSYS INC

Submitted transaction notification to China's State Administration for Market Regulation on July 10, 2024.
Chinese regulator previously took position that notification was required despite below-threshold deal value.
Transaction still expected to close in first half of 2025, subject to required regulatory approvals and other conditions.
Merger agreement announced Jan 15, 2024; ANSYS to become wholly owned subsidiary.

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