Dell has received clearance from Chinese regulatory authorities to complete the biggest tech deal ever — its $63 billion acquisition of EMC — a source with direct knowledge of the situation told The Post.
“They have clearance,” the source said last night.
Dell may not make the announcement until next week, the source added.
The Post reported exclusively Aug. 15 that Dell expected to get the okay this week.
The Chinese approval is the last step in completing the deal with Dell, already having raised about $50 billion in financing for the $63 billion deal and getting other regulator and EMC shareholder approvals.
Dell will be paying EMC $24.05 in cash per EMC share plus 0.111 share of VMware tracking stock.