Another giga acquisition on the way? Shares of Broadcom $AVGO+2.4% and VMware $VMW-5.0% are soaring after the European Commission approved the $61 billion merger.
The European Antitrust Commission first warned that VMware's acquisition by US chipmaker Broadcom would harm competition in the global market for FC HB), a type of storage adapter.
Broadcom
AVGOCapital Structure
Market Cap
755.1B
Enterpr. Val.
821.0B
Valuation
P/E
131.4
P/S
16.3
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Thanks for the info, I don't have either stock in my portfolio, but I will definitely take a closer look at $AVGO+2.4%.