Data from the High Pay Centre thinktank shows FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m
Microsoft has filed changes to its proposed takeover of the video game maker Activision Blizzard, in a bid to win over the UK competition watchdog which previously blocked the $69bn (£54bn) deal, my colleague Jasper Jolly writes.
The Competition and Markets Authority (CMA) on Tuesday said it would investigate the new proposals, under which Microsoft will not acquire cloud rights outside Europe for existing Activision desktop computer and console games, or for new games released by the developer during the next 15 years.
The CMA has today confirmed that Microsoft’s acquisition of Activision, as originally proposed, cannot proceed.
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