ANTIVIRUS software giant Avast's operating profit has sunk so far this year, as it looks set for a takeover by fellow cybersecurity firm
Operating profit plunged by
Meanwhile revenue inched 0.2 per cent higher to
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After an investigation, the Competition and Markets Authority concluded the deal did not raise competition concerns, stating that the supply of cyber safety software was a rapidly evolving space.
The watchdog added that a merged firm would continue to face significant competition, including from rivals like Mcafee.
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