Broadcom’s May 26 blockbuster offer to buy VMware for $61bn included a provision to allow VMware 40 days to find another buyer. Broadcom's $61bn takeover deal for VMware may press ahead with no rival bid as a pre-arranged ‘go-shop' clause to allow the virtualisation vendor to find another buyer expired at 23:59 Pacific Time on July 5.
Parliament's ad hoc joint committee on flood disaster relief and recovery said it was satisfied with clarification on the R1bn made available for the catastrophe.