UK's CMA Refers Adobe-Figma Deal For Phase 2 Investigation
Portfolio Pulse from Charles Gross
The UK's Competition and Markets Authority (CMA) has referred Adobe's $20 billion acquisition of Figma for a Phase 2 investigation. This could potentially delay or even derail the deal.
July 13, 2023 | 9:07 am
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NEGATIVE IMPACT
Adobe's acquisition of Figma is under scrutiny by the UK's CMA, which could delay or derail the deal.
The Phase 2 investigation by the CMA could potentially delay or derail Adobe's acquisition of Figma. This could impact Adobe's strategic plans and potentially its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
The UK's regulatory scrutiny of Adobe's acquisition of Figma could have implications for the broader UK market.
While the investigation is specific to Adobe's acquisition, it could potentially signal a more stringent regulatory environment in the UK, which could impact the broader market, including the EWU ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50