Adobe’s $20 Billion Figma UK Deal Probe Deadline Extended
- UK CMA pushes back tech merger probe decision to Feb. 25
- Complexity of case and moresubmissions behind extension
The Figma website.
Photographer: Gabby Jones/BloombergThis article is for subscribers only.
The UK probe into Adobe Inc.’s $20 billion takeover of Figma Inc. was extended after the antitrust watchdog said it needed more time to look at new submissions from the companies.
The Competition and Markets Authority said Wednesday that it had pushed back the statutory deadline to Feb. 25 from the end of the year. The provisional findings will be published in late November.