** Microsoft MSFT.O stock holding gain, last up 0.6% on Wed as EU regulators likely to accept co's offer on Office and Teams products, avoiding hefty antitrust fine
** EU scrutiny follows complaints from Salesforce-owned Slack and German rival alfaview about unfair advantage from bundling Teams with Office
** Co unbundled Teams from Office in 2023, adjusting pricing to address rivals' concerns
** MSFT's proposal includes better interoperability terms to make it easier for rivals to compete, sources tell Reuters
** MSFT stock up ~7% YTD, outperforming Nasdaq .IXIC, which fell 1% in same period
** Stock ~4% below 52-week intraday high of $468.35 reached on July 05, 2024
** MSFT recently traded at 30x expected earnings, suggesting it may be fairly valued vs avg forward PE of 30 over past five years
(Reporting by Noel Randewich)
((noel.randewich@thomsonreuters.com))
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