Avago Scheme of Arrangement Completed - Broadcom Corporation Mergers to Close Today

Shares of Broadcom Limited to Begin Trading on NASDAQ

SINGAPORE, Feb. 01, 2016 (GLOBE NEWSWIRE) -- Broadcom Limited (NASDAQ:AVGO) announced today that it has completed its acquisition of Avago Technologies Limited pursuant to a scheme of arrangement under Singapore law and that it will complete its acquisition of Broadcom Corporation this morning, subject to certain filings with the Office of the Secretary of State of California.

As previously announced, the last day of trading for ordinary shares of Avago (Ticker Symbol:AVGO) (ISIN code:SG9999006241) (CUSIP:Y0486S 104) and shares of Class A common stock of Broadcom Corporation (Ticker Symbol:BRCM) on the NASDAQ Global Select Market was Friday, January 29, 2016.

Ordinary shares of Broadcom Limited (Ticker Symbol:AVGO) (ISIN code: SG9999014823) (CUSIP:Y09827 109) will begin trading on the NASDAQ Global Select Market this morning.

Shareholders with questions should contact Georgeson Inc., the information agent for the transaction, at (888) 605-8334 or +1 (781) 575-2137 if calling from outside of the United States.

Broadcom Limited intends to file with the U.S. Securities and Exchange Commission (the “SEC”) later today a Current Report on Form 8-K confirming the completion of its acquisition of Broadcom Corporation and which will include audited consolidated financial statements for Broadcom Corporation for its fiscal year ended December 31, 2015. Broadcom Corporation’s net revenue for its fourth quarter of fiscal year 2015 was $2,053 million and its net revenue for its fiscal year ended December 31, 2015 was $8,394 million.