tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

In-depth EU probe of Adobe-Figma deal forthcoming, Bloomberg says

Adobe won’t propose remedies to fix potential competition concerns related to its deal to buy Figma, so an in-depth investigation of the proposed transaction from EU merger regulators is forthcoming, two people familiar with the matter told Bloomberg’s Samuel Stolton. The potential investigation for the $20B proposed takeover of the design startup adds to growing global scrutiny of the deal dubbed by Adobe’s boss as “transformational,” the author notes.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on ADBE:

Disclaimer & DisclosureReport an Issue

1