Financial Times – Adobe and Figma drop $20bn tie-up after baulking at regulators’ remedies 

Adobe has dropped its planned takeover of product design firm Figma due to UK and EU regulatory issues, the Financial Times reports.

The paper says the £20 billion acquisition deal between tech giants Adobe and Figma was dropped due to “no clear path to receive necessary regulatory approvals from UK and Brussels watchdogs”. 

The front page reports on BP halting its oil shipments through the Suez Canal to due to increasing attacks by Houthi rebels.