Notably, the CMA recently issued its preliminary approval of Microsoft’s revised deal, affirming that Microsoft’s plan to transfer Activision’s cloud streaming rights to Ubisoft “makes important changes that substantially address the concerns [initially] set out in relation to the original transaction.”
However, the completion of the acquisition is still pending. The CMA has initiated a consultation period for the updated deal, which will run until October 6. With the merger agreement deadline set for October 18, Microsoft faces a tight timeline to ensure the deal’s finalization, unless an extension is granted.
