UK regulator clears Microsoft takeover of Activision Blizzard

Back in January of 2022, Microsoft announced its plans to acquire Activation Blizzard in a transaction valued at $68.7 billion – the largest deal in the gaming industry. The deal didn’t exactly go as planned with regulators from the US, the EU and the UK objecting to the takeover. Microsoft managed to win a court injunction in the US and later received approval from the EU regulators which left the UK’s Competition and Markets Authority (CMA) as the only major hurdle against the deal.

Well, that hurdle has now been cleared as the CMA has given the green light on the deal.

The key…

​ Back in January of 2022, Microsoft announced its plans to acquire Activation Blizzard in a transaction valued at $68.7 billion – the largest deal in the gaming industry. The deal didn’t exactly go as planned with regulators from the US, the EU and the UK objecting to the takeover. Microsoft managed to win a court injunction in the US and later received approval from the EU regulators which left the UK’s Competition and Markets Authority (CMA) as the only major hurdle against the deal.

Well, that hurdle has now been cleared as the CMA has given the green light on the deal.

The key…   Read More GSMArena.com – Latest articles