Jan. 31, 2023, 4:03 PM
European Union regulators stopped the clock on their in-depth review of Broadcom Inc.’s proposed $61 billion takeover of cloud-computing company VMware Inc. after seeking further details about the deal.
- “This procedure in merger investigations is activated if the parties fail to provide, in a timely fashion, an important piece of information that the commission has requested from them,” European Commission says in a email
- The review will continue “once the missing information is supplied by the parties” and the deadline for a final decision will be re-adjusted, it says
- Broadcom says in emailed statement it “will continue to engage with …
