EU antitrust regulators extend decision on Broadcom, VMware deal to June 26

VMware

12/05/2023 17:50

BRUSSELS, May 12 (Reuters) - EU antitrust regulators
extended on Friday their deadline for a decision on U.S.
chipmaker Broadcom's  AVGO.O  proposed $61 billion bid for cloud
computing firm VMware  VMW.N  by three days to June 26.
    The deadline was extended in agreement with the companies, a
European Commission spokesperson said.
    Broadcom Chief Executive Hock Tan last week sought to
convince the European Commission of the merits of the deal at a
closed hearing. The company is expected to offer remedies in the
coming days.
      

 (Reporting by Foo Yun Chee, Editing by Louise Heavens)
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