Cardell, in a program he participated in Sky News, stated that their decision to block the purchase in question is still valid.
Noting that they understood from the conversations with Microsoft that the company wanted to restructure the deal structure to acquire Activision Blizzard, Cardell said, “So, we understand that they want to address our competitive concerns. If they do, we will carefully review their new configuration proposals. The new configuration they offer should address our concerns fully and comprehensively. However, for the time being, our position has not changed.” used the phrases.
CMA launched a review of Microsoft’s $69 billion acquisition of Activision Blizzard in September 2022 and blocked the acquisition in April this year, citing competition concerns that the merger deal would change the future of the cloud gaming market.
In the statement made yesterday regarding the financial results of Activision Blizzard for the second quarter of the year, it was reported that with a newly signed contract, the merger agreement with Microsoft was extended until October 18 in exchange for higher termination fees and new commercial arrangements.
If it happens, the deal will be the biggest purchase in the gaming world.