Approval

Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

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Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

© Reuters. Broadcom (NASDAQ:) Inc.’s multi-billion-dollar acquisition of VMware (NYSE:) Inc. has received conditional approval from the Korea Fair Trade Commission (FTC) due to concerns over potential disruption to fair competition. The deal, worth $61 billion, saw the FTC emphasizing VMware’s dominance in the server virtualization software ecosystem and its control over interoperability certifications for … Read more

Broadcom planned purchase of VMware gets South Korean approval – report (NASDAQ:AVGO)

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Broadcom planned purchase of VMware gets South Korean approval – report (NASDAQ:AVGO)

Sundry Photography/iStock Editorial via Getty Images Broadcom’s (NASDAQ:AVGO) planned purchase of VMware (NYSE:VMW) received approval from South Korea. The purchase of VMware (VMW) received approval from South Korea’s Fair Trade Commission, according to a Bloomberg report on Friday, which cited a Broadcom (AVGO) spokesperson. Broadcom (AVGO) reiterated that it expects to close the VMware deal … Read more

VMware drops on report China evaluating delaying approval of Broadcom deal (NYSE:VMW)

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VMware drops on report China evaluating delaying approval of Broadcom deal (NYSE:VMW)

Sundry Photography/iStock Editorial via Getty Images VMware (NYSE:VMW) fell 6.8% in premarket trading on a report that China is weighing a delay in approval of Broadcom’s (NASDAQ:AVGO) $69 billion acquisition. China’s State Administration for Market Regulation has not signed off on the delay and is likely to delay approving the VMware (VMW) acquisition, especially after … Read more

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

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

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 … Read more

Jim Cramer says hope for China’s approval of a key Broadcom deal sends shares higher

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Jim Cramer says hope for China’s approval of a key Broadcom deal sends shares higher

VMware (VMW) on Thursday jumped roughly 4% on reports that Broadcom’s (AVGO) acquisition of the cloud and virtual machine company is likely to be approved by China shortly.  China’s State Administration for Market Regulation is expected to be granted conditional antitrust approval soon, according to trade publication Dealreporter. If you like this story, sign up … Read more

Broadcom (NASDAQ:AVGO) Expects Chinese Approval for VMW Buyout – TipRanks.com

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Broadcom (NASDAQ:AVGO) Expects Chinese Approval for VMW Buyout – TipRanks.com

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 … Read more

Jim Cramer says hope for China’s approval of a key Broadcom deal sends shares higher

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Jim Cramer says hope for China’s approval of a key Broadcom deal sends shares higher

VMware (VMW) on Thursday jumped roughly 4% on reports that Broadcom’s (AVGO) acquisition of the cloud and virtual machine company is likely to be approved by China shortly.  China’s State Administration for Market Regulation is expected to be granted conditional antitrust approval soon, according to trade publication Dealreporter. If you like this story, sign up … Read more

Jim Cramer says hope for China’s approval of a key Broadcom deal sends shares higher

by
Jim Cramer says hope for China’s approval of a key Broadcom deal sends shares higher

VMware (VMW) on Thursday jumped roughly 4% on reports that Broadcom’s (AVGO) acquisition of the cloud and virtual machine company is likely to be approved by China shortly.  China’s State Administration for Market Regulation is expected to be granted conditional antitrust approval soon, according to trade publication Dealreporter. If you like this story, sign up … Read more