Broadcom Said to Gain Conditional EU Antitrust Approval for VMware Deal

Broadcom Said to Gain Conditional EU Antitrust Approval for VMware Deal
US chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion (nearly Rs. 5,03,000 crore) proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5 percent. The European Commission's clearance is tied to remedies relating to Broadcom's interoperability with rivals that woul...