EU antitrust regulators extend decision on Broadcom, VMware deal to June 26
12:54 pm Friday, May 12th, 2023
BRUSSELS (Reuters) – EU antitrust regulators extended on Friday their deadline for a decision on U.S. chipmaker Broadcom’s proposed $61 billion bid for cloud computing firm VMware 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)
