Broadcom's Planned $61 Billion Acquisition of VMware Provisionally Cleared by UK Regulator
19 Julho 2023 - 7:46AM
Dow Jones News
By Elena Vardon
The U.K.'s Competition and Markets Authority on Wednesday said
it has provisionally cleared Broadcom's deal to buy VMware as it
concluded the merger wouldn't weaken competition in the supply of
critical computer server products in the U.K.
The regulator said the panel also found that the merger would be
unlikely to harm innovation.
The deal is valued at $69 billion, which includes $61 billion of
equity and the assumption of $8 billion of debt, it said, adding
this is the largest acquisition investigated by the regulator.
The CMA is seeking comments on the provisional decision from
interested parties by Aug. 9 ahead of the planned publication of
its final report on Sept. 12.
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
July 19, 2023 06:31 ET (10:31 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Vmware (NYSE:VMW)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Vmware (NYSE:VMW)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024
