Brief: Broadcom Provides Regulatory Update On VMware Transaction

VMware

21/08/2023 11:58

Aug 21 (Reuters) - Broadcom Inc  AVGO.O :
    * BROADCOM INC. PROVIDES REGULATORY UPDATE ON VMWARE
TRANSACTION
    * BROADCOM INC - CONTINUES TO EXPECT TRANSACTION WILL CLOSE
ON
SCHEDULE
    * BROADCOM INC: AFFIRMED ITS EXPECTATION THAT ITS
ACQUISITION OF
VMWARE WILL CLOSE ON OCTOBER 30, 2023
    * BROADCOM INC: TOGETHER WITH VMWARE, BROADCOM HAS AGREED TO
FURTHER EXTEND OUTSIDE DATE AS CONTEMPLATED IN TRANSACTION
AGREEMENT
    * BROADCOM- IN U.S., HART-SCOTT-RODINO PRE-MERGER WAITING
PERIODS
HAVE EXPIRED, & THERE IS NO LEGAL IMPEDIMENT TO CLOSING UNDER
U.S. MERGER REGULATIONS

Source text for Eikon:  ID:nPn32ZdYFa 
Further company coverage:  AVGO.O 

 (Reuters.Briefs@thomsonreuters.com)