Will the VMware entity be closed and comoletely switched to broadcom? Or certain countries only
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Will probably take a while to unwind all of the different child entities as there are many around the world.
Corporate structures described in the merger document do not go down to this level of detail.
VMware UK Ltd (for example) is a loss making entity that describes itself as ‘ a limited risk distributor for its shareholder, VMware International Unlimited Company (“VIC”). Since it doesn’t make a profit it doesn’t pay UK corporation tax.
Much like many other big corporates (such as Apple’s European business), VIC happens to be based in Ireland where corporation taxes are the lowest in the EU. By engineering corporate structures this way tax liabilities can be minimised. Don’t make a profit in the UK, instead book that profit somewhere else with a more favourable corporation tax rate.
You could argue this is not very ethical but most large companies are doing the same and it’s why Ireland has phenomenal GDP growth and is a massive outlier compared to the rest of Europe.
The corporate structures are going to go through a phased merger, all the details you can find in the merger documents starting on around page 13. https://www.sec.gov/Archives/edgar/data/1124610/000114036122035833/ny20005454x1_defm14a.htm
Who wants to know?