EU to 'assess' Adobe's $20B deal to buy Figma
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The European Commission said on Wednesday that it would "assess" Adobe's (NASDAQ:ADBE) proposed deal to buy Figma.
The EC said it had accepted requests from a number of countries to assess the deal, including France, Germany and Sweden. The EC added that the proposed deal did not reach the revenue thresholds set by the EU Merger Regulation and therefore was not notified to the Commission.

In November, Adobe (ADBE) announced its intention to buy Figma, which makes online design collaboration software, for $20B in cash and stock. That same month, it was reported that the deal was receiving an in-depth review antitrust review by the U.S. Department of Justice.
Adobe (ADBE) shares were little changed in premarket trading on Wednesday.
Late last year, Adobe (ADBE) offered investors updated progress on the Figma deal in conjunction with reporting fourth-quarter results.