UK opens new probe into Microsoft's purchase of Activision (updated)

Activision Blizzard

22/08/2023 07:16

(Adds details on Ubisoft)
       Aug 22 (Reuters) - Britain's antitrust regulator said on
Tuesday it had opened a Phase 1 probe into a newly restructured
deal by Microsoft  MSFT.O  to buy Activision  ATVI.O , with a
first deadline set for Oct. 18.
        The regulator, the only major one to still object to the
deal, said under the new proposal Microsoft would acquire
Activision, but Activision's cloud streaming rights outside of
the European Economic Area would be divested to Ubisoft
Entertainment  UBIP.PA .

 (Reporting by Yadarisa Shabong in Bengaluru and Kate Holton in
London; Editing by Rashmi Aich and Sachin Ravikumar)
 ((Yadarisa.Shabong@thomsonreuters.com; +91 9742735150;))