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CommScope to Sell Its Connectivity and Cable Solutions Business to Amphenol for $10.5 billion
CommScope has announced that it has entered into a definitive agreement to sell its Connectivity and Cable Solutions (CCS) segment to Amphenol Corporation for approximately USD $10.5 billion in cash, to be paid by Amphenol upon closing.
Amphenol Corporation to Acquire Connectivity and Cable Solutions Business From CommScope
Amphenol Corporation (NYSE: APH) today announced a definitive agreement to acquire CommScope’s (NASDAQ: COMM) Connectivity and Cable Solutions (CCS) business for $10.5 billion in cash, subject to customary post-closing adjustments.
The sale, announced in a press release, is expected to provide CommScope with significant excess cash after repaying debt and ...
Wire and cable suppliers compete to support connectivity and newer avionics systems in several different ways, but primarily their wire and cable solutions are selected for aircraft after ...
Amphenol on Monday entered a $10.5 billion deal to buy CommScope's connectivity and cable solutions unit, the largest ...
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