China reportedly approves Microsoft's acquisition of Activision Blizzard
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China's antitrust regulator has reportedly approved Microsoft's proposed acquisition of Activision Blizzard.
Seeking Alpha cites an item from capital market firm Dealreporter, which states that the State Administration for Market Regulation gave unconditional approval for the $68.7 billion deal after a Phase 3 investigation.
GamesIndustry.biz has reached out to Microsoft for confirmation and comment.
China's approval would follow that of Ukraine, Japan, Brazil, Chile, Saudi Arabia, Serbia, South Africa and most notably the European Union, which announced its decision last week.
The EU is one of three major markets Microsoft needs to win over in order to get the deal through. However, regulators for the other two – the UK's Competition and Markets Authority and the US' Federal Trade Commission – have both made moves to block the acquisition.
Our extensive primer on the proposed acquisition breaks down the many regulatory hurdles Microsoft needs to overcome before it can take ownership of Activision Blizzard.
Read more on gamesindustry.biz
