Broadcom said it completed its acquisition of VMware on November 22, 2023, with VMware shareholders able to elect either $142.50 in cash per VMware common share or 0.2520 Broadcom common shares per VMware common share, and that the cash and stock shares were each allocated at 50%.

1. 01

   Broadcom said it completed its acquisition of VMware on November 22, 2023, with VMware shareholders able to elect either $142.50 in cash per VMware common share or 0.2520 Broadcom common shares per VMware common share, and that the cash and stock shares were each allocated at 50%.

2. 02

   The company said it funded the cash consideration with the net proceeds from term loans totaling $30.4 billion under its credit agreement (Term A-2 $11.2 billion, Term A-3 $11.2 billion and Term A-5 $8 billion). It said discounts and financing fees were about $398 million.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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