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UK clears Broadcom’s $69 billion deal to buy VMware

© Reuters. FILE PHOTO: A smartphone with a displayed Broadcom logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – UK’s competition regulator said on Monday it has cleared U.S. tech company Broadcom (NASDAQ:)’s $69 billion purchase of VMware (NYSE:), following an in-depth phase-2 probe.

The Competition and Markets Authority (CMA) in July provisionally cleared the deal, saying it would not weaken competition in the supply of critical computer server products.

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