Broadcom Reportedly Receives EU Antitrust Clearance for VMware Acquisition, Subject to Conditions
US-based chipmaker, Broadcom is expected to receive conditional antitrust approval from the European Union for its proposed acquisition of cloud computing firm, VMware, amounting to $61 billion (nearly Rs. 5,03,000 crore), according to sources close to the matter. This news caused Broadcom’s shares to rise by almost 5%. It is understood that the EU clearance …