Business Standard

Broadcom gets EU antitrust nod for CA Technologies deal

Image

Reuters

(Reuters) - Chipmaker Broadcom Inc said on Friday it has obtained antitrust clearance from the European Union for its $19-billion deal to acquire software company CA Technologies Inc.

Broadcom had on Wednesday said a memo, purportedly signed by the U.S. Department of Defense and circulated among lawmakers calling for a review of the deal, was likely fake.

The chipmaker said https://www.sec.gov/Archives/edgar/data/1730168/000119312518298363/d644667d8k.htm it now expects the deal to close on Nov. 5, as the clearance from the EU was the last regulatory hurdle.

(Reporting by Vibhuti Sharma in Bengaluru; Editing by Arun Koyyur)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 13 2018 | 5:21 AM IST

Explore News