BRUSSELS – EU antitrust regulators prolonged on Friday their deadline for a call on U.S. chipmaker Broadcom’s proposed $61 billion bid for cloud computing agency VMware by three days to June 26.
The deadline was prolonged in settlement with the businesses, a European Commission spokesperson mentioned.
Broadcom Chief Executive Hock Tan final week sought to persuade the European Commission of the deserves of the deal at a closed listening to. The firm is anticipated to supply treatments within the coming days.
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Source: economictimes.indiatimes.com