da-kuk VMware, Inc. (NYSE:VMW) saw substantial declines today as the deal spread widened on concerns for the last leg of the Broadcom (AVGO)-VMware deal. We have covered the deal in the past, focusing on the fact that obvious antitrust issues weren’t present, at least as far as Western governments were concerned. But the last leg … Read more
© Reuters. VMware falls 11% on speculation China may hold up Broadcom deal VMware (NYSE:) shares plunged 11.6% in early Tuesday trade amid speculation about the outcome of China’s review of the company’s blockbuster sale to Broadcom (NASDAQ:). AVGO shares declined more than 3%. While there don’t appear to be issues with the proposed remedy, … Read more
© Reuters. VMware (NYSE:) shares plunged 11.6% in early Tuesday trade amid speculation about the outcome of China’s review of the company’s blockbuster sale to Broadcom (NASDAQ:). AVGO shares declined more than 3%. While there don’t appear to be issues with the proposed remedy, the China regulator might require additional time to complete its review. … Read more
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
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We’re starting our latest cloud computing news roundup with the juiciest update: a look at the progress on the Broadcom-VMware pairing. Source link
For the last several weeks now, Broadcom (NASDAQ:AVGO) has been working to buy VMware (NYSE:VMW), in a deal valued at $61 billion. The move has not been met kindly by government regulators, and was under close scrutiny. However, Broadcom is up slightly in Wednesday afternoon’s trading after China’s antitrust operations halted their review pending some … Read more
Sundry Photography/iStock Editorial via Getty Images China’s antitrust authority has paused its review of Broadcom’s (NASDAQ:AVGO) planned $61 billion purchase of VMware (NYSE:VMW) as the regulator has advanced remedy talks with the parties on the transaction. China’s State Administration for Market Regulation is likely to impose behavioral remedies on the deal, according to a Dealreporter … Read more
There’s big news afoot for chip stock Broadcom (NASDAQ:AVGO) as it moves to purchase cloud computing stock VMWare (NYSE:VMW). More specifically, word has emerged about China’s stance on the deal, and it was enough to send VMWare stock heading upward, while Broadcom stock pulled back fractionally in Wednesday afternoon’s trading. China’s stance focused mainly on … Read more
Sundry Photography/iStock Editorial via Getty Images The deal spread in Broadcom’s (NASDAQ:AVGO) planned $61 billion purchase of VMware (NYSE:VMW) narrowed amid a report about China’s antitrust review of the deal. The spread narrowed to $15.51 from $17.23 on Tuesday. The parties are expected to start remedy discussions with China’s State Administration for Market Regulation, according … Read more