Broadcom’s multi-billion dollar takeover of VMware has cleared another hurdle, having been given the nod by the UK Competition and Markets Authority (CMA) following an in-depth investigation.
The clearance follows approval in the EU, as well as Australia, Brazil, Canada, Israel, South Africa, and Taiwan. The company also stated it had foreign investment control clearance in all necessary jurisdictions.
The deal is valued at $69 billion and consists of $61 billion in equity and the…