Microsoft ‘could withdraw Activision from the UK’ to counter acquisition block, it’s claimed | VGC

  • 📰 VGC_News
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Microsoft ‘could withdraw Activision from the UK’ to counter its acquisition block, a new report claims. The Xbox owner is reportedly meeting with UK ministers next week to discuss the deal.

from the UK market as one extreme option to bypass the country’s block of its proposed $69bn acquisition.report, which states that Microsoft president Brad Smith will meet with UK Chancellor Jeremy Hunt next week to voice his frustration over the Competition and Markets Authority’s decision to block the deal.

as we remain committed to finding creative and constructive ways to address remaining regulatory concerns,” a spokesperson said. However, Bloomberg claims that government ministers are also unhappy with some of Smith’s public criticism of the CMA, including stating that he believedIt’s claimed that Smith will meet with Microsoft’s legal representatives to discuss the firm’s strategy to counter the CMA decision this week, including “extreme” options such as withdrawing Activision from the UK market, or bypassing the UK order and pressing ahead with the deal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 125. in BUSİNESS

Business Business Latest News, Business Business Headlines