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

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

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