Mergers and Acquisitions

GTT Communications has continued on the acquisition trail with the purchase of Accelerated Connections (ACI), a Toronto-headquartered provider of managed networking, voice over IP (VoIP) and colocation services, serving large distributed Canadian enterprises.

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. 
 

GTT Communications has entered into a definitive purchase agreement to acquire the UK-based operator of one of Europe’s largest independent fibre networks and cloud networking platforms, Interoute, in a deal worth approximately €1.9 billion ($2.3 billion).

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.