A PYMNTS Company

EU: Broadcom gets antitrust approval for CA Technologies deal

By  |  October 15, 2018

On Friday, October 12, chipmaker Broadcom announced it has obtained antitrust clearance from the European Union for its US$19 billion deal to acquire software company CA Technologies, reported Reuters.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

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

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    The chipmaker stated it now expects the deal to close on November 5, as the clearance from the EU was the last regulatory hurdle.

    Full Content: Reuters

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.