Broadcom uses tactic from 80s to sell Qualcomm offer


NEW YORK: Broadcom Ltd is using a tactic popularised by corporate raiders in the 1980s to convince Qualcomm Inc and its shareholders that it has the means to complete the biggest tech deal ever.

A group of the world’s biggest banks have told Broadcom they are “highly confident” that they’d be able to arrange financing for the US$105bil offer in debt markets.

Start your ads-free experience now!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Broadcom , play , letter

   

Next In Business News

Stocks bask in Nvidia glow, dollar steady
KLK subsidiary ends contract with recruitment agency
Eco World International's sales on track
Bursa Malaysia ends lower on profit-taking
Yinson records net profit of RM203mil in 1Q
Oil steady amid US stock build but war jitters abound
Binastra unit bags RM313.7mil building contract
Huawei, Tencent near deal to exclude WeChat from revenue sharing
IIB inks strategic partnership with TM-Nxera
Matrix Concepts enters 1,000-acre land JV with NS Corp

Others Also Read