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Stock impact report

Recommended Cash Offer by Keysight for Spirent Communications PLC [Yahoo! Finance]

Keysight Technologies Inc. (KEYS) 
Last keysight technologies inc. earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Expected new serviceable available market opportunities of up to US$1.5 billion Offer is for a cash consideration of 199 pence per share Spirent's board of directors intend to unanimously recommend the offer SANTA ROSA, Calif. & LONDON, March 28, 2024 BUSINESS WIRE )--Keysight Technologies (NYSE: KEYS), today announced its intention to acquire the entire issued and to be issued share capital of Spirent Communications PLC (London Stock Exchange Symbol: SPT) ("Spirent") for a cash consideration of 199 pence per Spirent share which values Spirent at approximately £1,158 million (US$ $1,463 million ), on a fully diluted basis. Spirent shareholders will also be entitled to receive a special dividend of 2.5 pence per Spirent share, in lieu of any final dividend for the year ended 31 December 2023 (together with the cash consideration of 199 pence per share, the "Offer"). Spirent's board of directors intend to unanimously recommend the Offer which is conditional on, among other thin Show less Read more
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