Mergers and Acquisitions

Lumentum acquires outstanding Oclaro common stock in $1.8 billion agreement

Lumentum Holdings and Oclaro have reached an agreement, on which the former will acquire all of the outstanding common stock of the latter. 
 
For each share of Oclaro stock held, The holder will be entitled to receive $5.60 in cash and 0.0636 of a share of Lumentum common stock, subject to the terms. The transaction values Oclaro at $9.99per share or approximately $1.8 billion in equity value, based on the closing price of Lumentum's stock on 9 March 2018. 
 

Prysmian to acquire General Cable for $3B in cash

The world’s largest cable systems company will become even larger when Prysmian Group completes its planned acquisition of General Cable, announced this week.

Prysmian Group has signed a definitive agreement to acquire General Cable for $30 per share in cash, in a deal that values General Cable at $3 billion, including debt and certain liabilities. The transaction, which has already been approved by the boards of both parties, is expected to close by the third quarter of 2018.

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