In a regulatory tussle that started last year, Broadcom (NASDAQ:AVGO) now expects its planned acquisition of VMware (NYSE:VMW) to receive conditional approval from Chinese regulators. Both Broadcom and VMware are trading higher in Thursday’s session.
Talks about the acquisition deal, valued at $60 billion, started in May of last year. Since then, Broadcom has sought regulatory green lights in several countries. According to Dealreporter, citing sources close to the development, the…
