VMware/Broadcom deal spread narrows amid report about China’s review

VMware/Broadcom deal spread narrows amid report about China’s review

Sundry Photography/iStock Editorial via Getty Images The deal spread in Broadcom’s (NASDAQ:AVGO) planned $61 billion purchase of VMware (NYSE:NYSE:VMW) narrowed amid a report about China’s review of the combination. The spread narrowed to $8.62 from $9.56 on Monday. China’s State Administration for Market Regulation is likely to approve the deal without major changes, according to … Read more

VMware/Broadcom deal spread narrows amid report on China review (NYSE:VMW)

VMware/Broadcom deal spread narrows amid report on China review (NYSE:VMW)

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