The UK Competition and Markets Authority (CMA) gave its final green light to a proposed $69 billion purchase of VMware by Broadcom, adding to the list of regulators giving their blessings. Explaining its decision, the CMA reiterated its earlier view there were no competition concerns resulting from the transaction, having conducted a two-stage probe on … Read more
(Reuters) – UK’s competition regulator said on Monday it has cleared U.S. tech company Broadcom’s $69 billion purchase of VMware, following an in-depth phase-2 probe. The Competition and Markets Authority (CMA) in July provisionally cleared the deal, saying it would not weaken competition in the supply of critical computer server products. (Reporting by Aby Jose … Read more
Credit: Shutterstock The UK’s Competition and Markets Authority Monday approved the proposed $61 billion megamerger between Broadcom and VMware, saying that the deal would not substantially affect innovation or harm… Source link