Broadcom gets $100bn loan for Qualcomm buy

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Broadcom gets $100bn loan for Qualcomm buy

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A logo sign outside of the headquarters of the Broadcom Corporation in Irvine, California, on December 9, 2017. Photo by Kristoffer Tripplaar/Sipa USA | Kris Tripplaar/SIPA USA/PA Images

US chip maker Broadcom has received commitments from 12 lenders for a staggering $100bn funding package to finance its acquisition of technology company Qualcomm.

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