'China Approves Microsoft's Activision Blizzard Acquisition As It Still Faces Hurdles In The U.S. And UK' - SCMP
Portfolio Pulse from Happy Mohamed
China's State Administration for Market Regulation (SAMR) has approved Microsoft's $69-billion acquisition of Activision Blizzard. The deal has been approved by nearly 40 countries but still faces antitrust scrutiny in the US and UK. Activision Blizzard's titles have been popular in China, but many were pulled from the market due to a dispute with NetEase.
May 30, 2023 | 1:36 pm
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NEUTRAL IMPACT
Activision Blizzard's acquisition by Microsoft has been approved by China's SAMR, but still faces antitrust scrutiny in the US and UK.
China's approval is a positive step for Activision Blizzard, but the deal still faces significant antitrust scrutiny in the US and UK. The outcome of these legal battles will have a more direct impact on the acquisition's completion.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
China's SAMR has approved Microsoft's acquisition of Activision Blizzard, but the deal still faces antitrust scrutiny in the US and UK.
China's approval of the acquisition is a positive development, but the deal's completion still depends on the outcome of antitrust scrutiny in the US and UK. The impact on the Chinese market and FXI is indirect and less significant.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
Microsoft's acquisition of Activision Blizzard has been approved by China's SAMR, but still faces antitrust scrutiny in the US and UK.
China's approval is a positive step for Microsoft, but the deal still faces significant antitrust scrutiny in the US and UK. The outcome of these legal battles will have a more direct impact on the acquisition's completion.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100