London Daily
Focus on the big picture.

LONDON DAILY ARCHIVE

Microsoft's $75bn bid for Activision Blizzard hits snag as CMA appeals ruling

The advisory firm Robey Warshaw, where George Osborne is a partner, has been enlisted as an adviser in the $75bn takeover of Activision Blizzard by Microsoft.

09 June 2023 · 15:08 UTC

The deal has become controversial due to the Competition and Markets Authority's (CMA) decision to block it, which has caused tension between Microsoft and the UK government.

The CMA has formally appealed against the verdict, and a resolution is likely to take several months.