The Parties plan the acquisition of Slack by Salesforce through the acquisition of shares and the merger. Accordingly, the JFTC has notified the Parties that it will not issue a cease and desist order, resulting in the completion of its review. (“Salesforce” and Salesforce and Slack are hereinafter collectively referred to as the “Parties”), the Japan Fair Trade Commission (the “JFTC”) reviewed the transaction and reached the conclusion that the transaction is unlikely to result in substantially restraining competition in any particular fields of trade. Receiving notifications regarding the proposed acquisition of Slack Technologies, Inc. Organisation for Economic Cooperation and Development (OECD).International Competition Network (ICN).Technical Assistance to Foreign Countries by Japan Fair Trade Commission.Launch of negotiations between the Government of Japan and the Government of Canada regarding a cooperation agreement on competition.Agreement between the Governments of Japan and Canada concerning cooperation on anticompetitive activities.
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