San Jose-based Broadcom's planned merger with VMware is facing delays as China is holding up the $69 billion deal. Despite the missed targeted closing date, Broadcom remains confident that the deal will close soon. The companies have not provided a specific date for the closing. Broadcom CEO met with Chinese officials over the weekend to address the issue.
$VMW (-0.8% pre) $AVGO Broadcom CEO met with Chinese officials over weekend amid VMware deal - report (update) - SA https://t.co/YXRspGRq2Z
Broadcom Misses VMware Deal Closing Date, Pledges It Will Close ‘Soon:’ https://t.co/2xuTk23smo In a joint statement issued Monday, the two companies—which pledged the deal would close by Oct. 30—said they expect the deal to close “soon.” But they did not give a date.
MyPOV: Deadline Approaches: Broadcom Struggles To Finalize $61B VMware Deal https://t.co/n2FnTTn7f3 @RobotsNet Angil Laroche @rwang0 @constellationr
MyPOV: With deadline looming, @Broadcom tries to push $61B @VMware deal over finish line https://t.co/10OMS1Ab1v @TechCrunch @ron_miller “The kicker is China’s approval. They are holding it up as a tit for tat [for U.S. AI chip export controls],” - @rwang0 @constellationr
Broadcom confident VMware deal to close despite China review https://t.co/4hYAxigLC7 via @Business
Broadcom-VMware merger held up as China delays $69bn deal https://t.co/vHIyrVT38P $VMW
Broadcom still expects to acquire VMware after deal misses targeted closing date https://t.co/90yHYi96qN
With deadline looming, Broadcom tries to push $61B VMware deal over finish line: https://t.co/Ow4iIzdVEp by TechCrunch #infosec #cybersecurity #technology #news
With deadline looming, Broadcom tries to push $61B VMware deal over finish line https://t.co/T4WrBkEnc1 by @ron_miller
Broadcom expects $69 bln VMware deal to close before November deadline https://t.co/kIKz2I8pnY https://t.co/cEfYn878AA
Mobile World Live: Broadcom, VMware merger delayed https://t.co/CD04mBIeSc
San Jose-based Broadcom is going to have to wait a little longer for its planned merger with VMware to wrap up. https://t.co/0rTfg0lyWZ
Broadcom, VMware insist merger to 'close soon' but China is playing hard to get https://t.co/whGtDblM6k