US chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion (nearly Rs. 5,03,000 crore) proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5 percent. The European Commission's clearance is tied to remedies relating to Broadcom's interoperability with rivals that woul...
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Broadcom Said to Gain Conditional EU Antitrust Approval for VMware Deal
![Broadcom Said to Gain Conditional EU Antitrust Approval for VMware Deal]()
Reviewed by Ansh Goel
on
June 12, 2023
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