CMA clears Broadcom’s $69bn acquisition of VMware

CMA clears Broadcom’s bn acquisition of VMware

Broadcom’s $69bn acquisition of VMware was given the nod by UK regulators on Monday, as the Competition and Markets Authority (CMA) issued its final decision after an intensive phase two investigation into the deal. The CMA previously raised concerns during its phase one investigation about the potential implications the merger could have on competition within … Read more

UK clears Broadcom’s $69 billion deal to buy VMware

UK clears Broadcom’s  billion deal to buy VMware

(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