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Beijing weighs delaying approval of $69 bln Broadcom-VMware deal- FT

Beijing weighs delaying approval of  bln Broadcom-VMware deal- FT
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A smartphone with a displayed Broadcom logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights

Oct 19 (Reuters) – Beijing is weighing holding up US chipmaker Broadcom Inc’s (AVGO.O) $69 billion purchase of cloud computing company VMware Inc (VMW.N), the Financial Times reported on Thursday.

China’s State Administration of Market Regulation has not signed off on the deal and is likely to delay…



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