'Adobe's $20B Figma Deal Faces EU Probe, Adding To Global Scrutiny; EU Regulators To Follow UK With Lengthy Review Of Takeover; US Watchdogs Also Gearing Up For Lawsuit Opposing The Deal' - Bloomberg
Portfolio Pulse from Happy Mohamed
Adobe's $20 billion acquisition of Figma is facing regulatory scrutiny from the European Union, following a similar review by UK regulators. US watchdogs are also preparing for a lawsuit opposing the deal.
July 24, 2023 | 7:30 pm
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Adobe's planned acquisition of Figma is under regulatory scrutiny in the EU, UK, and US, which could delay or even derail the deal.
The regulatory scrutiny and potential lawsuit in the US could delay or even prevent Adobe's acquisition of Figma. This could impact Adobe's growth strategy and potentially its stock price in the short term.
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IMPORTANCE 80
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