Hints and tips:
...In today’s newsletter: ‘Arb-ageddon’ at VMware Special conflict, special interest The next big luxury IPO A Broadcom mega-deal blindsides Wall Street Broadcom chief executive Hock Tan may earn the title...
...He personally quashed a deal between chip titans Qualcomm and Broadcom over nebulous national security concerns....
...The sale may also have come as a surprise because Carlyle had been working on plans to sell its 28 per cent stake to large limited partners such as sovereign wealth funds — a move that ultimately never came...
...US chipmaker Broadcom and cloud software company VMware have delayed the completion of their $69bn merger....
...Limited battery life and bulky fits still plague the sector. Meta’s VR unit reported falling revenue and an operating loss of nearly $4bn in the past quarter....
...Semiconductor manufacturing company Broadcom, pet goods retailer Chewy, and big box store operator Costco also report earnings....
...Sony can sell as many of its latest consoles as it can produce, but has been limited to 20mn units so far since its launch in November 2020....
...Growth by acquisition has only a limited lifespan....
...US companies have been able to apply to the US government to continue to trade with Huawei for limited periods....
...TI and Broadcom did not respond to requests for comments as of publication. Apple and its suppliers have faced a litany of problems....
...Broadcom Sector: semiconductors / HQ: San Jose, us Exposure to a wide range of chip markets — particularly smartphones, broadband and wireless networking — left Broadcom well placed for the network investment...
...On the other hand, it's also clear that in Washington the kind of hawkish view towards China is not limited just to the Trump administration and his political appointees....
...The change in the burden of proof would be limited in its scope, according to a person with direct knowledge of the talks....
...It had previously limited gender diversity voting to UK companies....
...Oil’s limited bounce — That’s the story with Brent, up some 3.5 per cent, or $2 a barrel, to about $62 in the wake of attacks on tankers near the Strait of Hormuz on Thursday....
...Broadcom could reach an agreement to buy Symantec today, the Financial Times reported....
...The dividing line between old and new tech is not limited to gadgets a company sells or the age of its founder but whether it chooses to pay dividends....
...But the shift across big law has left a limited pool of partners and senior counsel to draw from. The arms race for talent is the topic of this just published by DD’s Eric Platt and Sami Vukelj here....
...WeWork prepared for the manoeuvre last month by changing from a corporation to a limited liability company, called the We Company MC LLC....
...Shares in Broadcom Limited were exchanged after the close of trading on Wednesday into new shares for Broadcom Inc. They will trade on the Nasdaq under the ticker symbol “AVGO”....
...But such challenges are not limited to international deals. Companies within a single country can have wildly different cultures....
...But the pushback against Chinese M&A is not limited to the US....
...Should the hotel group, in which Kwek’s City Developments Limited owns a 65 per cent stake, be valued as a hotel group or a property company with intriguing prospects....
...Managing Partner of Black Diamond Ventures.Gregorio Reyes, former Director and Chairman of the Boards of Dialog Semiconductor plc and LSI Corporation, and former Director of Seagate Technologies Public Limited...
...The limited dealmaking among these, the most valuable companies in the world, is a corollary to acquisitions usually destroying value....
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