Home All NewsBusiness NewsEU antitrust regulators extend decision on Broadcom, VMware deal to June 26

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

by Reuters

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)

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