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Microsoft closes $75bn Activision deal after UK regulator’s approval

Competition and Markets Authority’s decision came after several twists and turns

Microsoft has closed its $75bn acquisition of Activision Blizzard following its clearance by the UK regulator, ending 21 months of uncertainty over the video games industry’s biggest-ever deal.

Microsoft announced the completion of its transaction in a regulatory filing on Friday, ahead of the start of trading on Wall Street, even though US antitrust authorities have vowed to continue their legal challenge against the deal.

Earlier on Friday, the UK’s Competition and Markets Authority gave final approval to a revised deal that involves Microsoft licensing cloud streaming rights outside of the European Economic Area to Activision’s past and future catalogue, including titles such as Call of Duty, to French games publisher Ubisoft.

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