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Home»Finance»EU antitrust regulators extend decision on Broadcom, VMware deal to June 26
Finance

EU antitrust regulators extend decision on Broadcom, VMware deal to June 26

May 13, 2023No Comments1 Min Read
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BRUSSELS, Could 12 (Reuters) – EU antitrust regulators prolonged on Friday their deadline for a call on U.S. chipmaker Broadcom’s (AVGO.O) proposed $61 billion bid for cloud computing agency VMware (VMW.N) by three days to June 26.

The deadline was prolonged in settlement with the businesses, a European Fee spokesperson mentioned.

Broadcom Chief Govt Hock Tan final week sought to persuade the European Fee of the deserves of the deal at a closed listening to. The corporate is anticipated to supply treatments within the coming days.

Reporting by Foo Yun Chee, Enhancing by Louise Heavens

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