The Takeover Concluded Later Than Expected?


Initially, the redemption was to be finalized before July 18, 2023, which is today’s date. But with the latest twists and in particular the resumption of negotiations with the British CMA, everything suggests that the deal should finally be concluded a little later.

The Competition Appeal Tribunal has indeed agreed, under certain conditions, to suspend Microsoft’s appeal against the CMA’s decision to block the takeover in order to be able to negotiate a new agreement on cloud gaming.

According to Bloomberg, the CMA has also moved the date of its final order to August 29, 2023, suggesting Microsoft may be granted a temporary extension to miss the July 18 deadline.

Microsoft would therefore seek to finalize the takeover by finding an agreement on all territories, and not to complete the merger before finding a solution in the United Kingdom as suggested last week.

We should have an official communication on the subject in the next few hours.

This article is originally published on


Please enter your comment!
Please enter your name here

Share post:


Electric Scooter XElectric Scooter X


More like this

In-store inflation returns to ‘normal’ level in the UK

Store price inflation "returned to normal levels" in the...

On January 31, 2021, the United Kingdom left the single market

The fact that the British left Europe was a...

Recognition of the State of Palestine by three European countries: new political achievements made

Proclaimed in November 1988 by the Palestine Liberation Organization...

Early legislative elections in the United Kingdom: Labor in the majority again?

In the United Kingdom, Prime Minister Rishi Sunak created...