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UBI UBISoft Entertainment

22.17
0.05 (0.23%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
UBISoft Entertainment EU:UBI Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 0.23% 22.17 21.85 22.40 22.37 22.00 22.11 562,857 16:40:00

Microsoft's Activision Deal Gets Green Light From UK Regulator

13/10/2023 7:40am

Dow Jones News


UBISoft Entertainment (EU:UBI)
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By Kim Mackrael

 

Microsoft's acquisition of videogame company Activision Blizzard won approval from U.K. competition authorities, clearing a path for the companies to close the $75 billion deal after a lengthy struggle with regulators.

The U.K.'s Competition and Markets Authority said Friday that the proposed deal no longer poses a major threat to competition in cloud gaming. The shift comes after Microsoft offered to restructure the deal by forfeiting cloud-streaming rights for "Call of Duty" and other popular Activision franchises in much of the world.

-Sarah E. Needleman contributed to this article

 

Write to Kim Mackrael at Kim.mackrael@wsj.com

 

(END) Dow Jones Newswires

October 13, 2023 02:25 ET (06:25 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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