The UK’s competition watchdog has cleared the largest deal in its history as it said that the tie-up of US companies Broadcom and VMware would not damage UK competition.
The 69 billion dollar (£54 billion) deal – the largest the Competition and Markets Authority (CMA) has ever investigated – raises “no competition concerns”, the regulator said.
It cleared the deal after an in-depth investigation which considered several areas where there had been some concern.
Broadcom makes…