After a slow start at Microsoft this month, the company has made a comeback. While the UK authority, CMA, opposed the acquisition of Activision-Blizzard-King, the European Union has given the green light to Microsoft after months of investigations and compromises. China now follows a similar path.
It is notable, but not surprising. Everything pointed towards China siding with Microsoft in this matter.
2 days ago, the news broke on the Seeking Alpha website, citing a report from DealReporter, stating that the Chinese regulatory body has given its approval for the acquisition. Microsoft still needs to publicly confirm this decision, but all indications suggest that it couldn’t have turned out differently.
If the acquisition is indeed approved by the Chinese authorities, it would be excellent news for Microsoft since China is one of the four essential entities for such acquisitions.
Still, Microsoft faces more challenges with the UK and the US, as it is preparing to defend its case for several more months.