It been going to and fro for some time now, but it looks like this saga has finally come to a close. Broadcom, who has been trying to takeover VMware, was finally granted regulatory approval in China, and to this effect, the deal has been closed for a respectable $69 billion. Broadcom made their intentions known back in May 2022, and after that, it was just a to and fro as the company waited to complete their due diligence and received regulatory approval from the concerned authorities.
November 22 is when the deal was finalised and the deal is now set in stone. There was speculation that the rocky relations between the USA and China may put a spanner in the works, especially since the deadline to complete this deal was November 26, but it looks like that is no longer the case, and the two parties can now take things further as one entity.
