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Broadcom's bid for VMware $61bn acquisition goes unchallenged as 'go-shop' deadline expires

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. ....

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Flood disaster committee satisfied with clarification on R1bn allocation

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. ....

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