Published on May 12th, 2023 📆 | 7007 Views ⚑


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

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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

Our Standards: The Thomson Reuters Trust Principles.

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