Fears China could trash Broadcom's VMware nuptials as revenge for sanctions

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Fears China could trash Broadcom's VMware nuptials as revenge for sanctions
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Regulator twiddled thumbs for Intel and Tower Semi, it could happen again

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The report also claimed that approvals for mergers involving US companies now require"additional consultations" with China's Ministry of Foreign Affairs and the State Council, which is said to add to the political nature of the process. We asked both VMware and Broadcom if they are still confident that the deal will close on time.A VMware spokesperson told us:"We continue to expect the deal to close on October 30, 2023." Broadcom was not immediately available to comment.

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