Adobe's $20B Figma Deal Faces UK Regulatory Hurdle
Portfolio Pulse from Anusuya Lahiri
The UK's Competition and Markets Authority (CMA) has provisionally found that Adobe Inc's proposed $20 billion acquisition of Figma could reduce competition in the UK's digital design software market. Adobe and Figma disagree with the CMA's findings. The CMA will accept further comments until December 19 before making a final decision. Meanwhile, Broadcom Inc's merger with VMware, Inc has received all necessary approvals, and Amazon's acquisition of iRobot is expected to receive EU antitrust approval without conditions.

November 28, 2023 | 1:54 pm
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NEGATIVE IMPACT
Adobe's proposed acquisition of Figma faces regulatory hurdles from the UK's CMA, which could impact the deal's progress and Adobe's expansion plans.
The CMA's provisional findings suggest potential regulatory challenges for Adobe's acquisition of Figma, which could delay or even prevent the deal, negatively affecting Adobe's stock in the short term.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Amazon.Com Inc's proposed acquisition of iRobot Corp is expected to receive unconditional approval from EU antitrust authorities, which could be beneficial for Amazon's expansion in consumer robotics.
Anticipated EU approval without conditions for Amazon's acquisition of iRobot suggests a positive outcome for the deal, which could positively influence Amazon's stock in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Broadcom Inc's merger with VMware, Inc has received all necessary regulatory approvals, indicating a positive outlook for the completion of the deal.
With all regulatory approvals in place, Broadcom's merger with VMware is likely to proceed without further hindrance, which could be positive for Broadcom's stock in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
iRobot Corp's acquisition by Amazon.Com Inc is likely to receive unconditional EU antitrust approval, which could positively impact iRobot's stock as the deal nears completion.
The expected smooth approval from EU antitrust authorities for iRobot's acquisition by Amazon is a positive sign for iRobot's stock, as it moves closer to deal finalization.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
VMware, Inc's merger with Broadcom Inc has cleared all regulatory hurdles, suggesting a smooth finalization of the deal.
The completion of regulatory approvals for the Broadcom-VMware merger is a positive development for VMware, likely to have a favorable impact on its stock in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70