EU decision clearing Microsoft’s US$69-billion acquisition of Activision expected May 15, sources say

The European Commission’s imminent clearance comes nearly three weeks after theThe EU antitrust enforcer is expected to clear the acquisition afterwith cloud streaming rivals including Nvidia, Ukraine’s Boosteroid and Japan’s Ubitus, other people with direct knowledge of the matter told Reuters in March.

It also has agreements with Nintendo and U.S. distributor Valve Corp, owner of the world’s largest video game distribution platform, Steam, to bring Activision’s Call of Duty to their gaming platforms should the acquisition go through.Japan approved the takeover in March while the U.S. Federal Trade Commission is also seeking to block it.Your Globe

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Kitco daily macro-economic/business digest - May 8
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Canaccord management team warns deal to buy investment bank may not be completedThe company says an ‘ongoing regulatory matter’ means required approvals likely won’t be received before the June 13 deadline
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