03-11-2015 13:07 via uk.news.yahoo.com

Exclusive: EU to clear $37 bln Avago, Broadcom deal without conditions - sources

By Foo Yun Chee BRUSSELS (Reuters) - U.S. chipmaker Avago Technologies is set to win unconditional approval by the European Union's competition regulators for its proposed $37 billion takeover of Broadcom Corp , two people familiar with the matter said on Tuesday. Avago offered concessions last Friday, according to the European Commission website, without providing details. Avago serves the wireless and industrial markets while Broadcom's chips are used widely in smartphones made by Apple and Sa
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