Brief: Qualcomm To Buy UK's Alphawave For $2.4 Billion
09/06/2025 07:09
June 9 (Reuters) - Qualcomm Inc QCOM.O: ALPHAWAVE IP GROUP - ACQUISITION DEAL IMPLIES AN ENTERPRISE VALUE OF APPROXIMATELY US$2.4 BILLION UNDER TERMS OF ACQUISITION, EACH ALPHAWAVE SHAREHOLDER WILL BE ENTITLED TO RECEIVE: FOR EACH ALPHAWAVE SHARE: US$2.48 IN CASH ALPHAWAVE DIRECTORS INTEND TO UNANIMOUSLY RECOMMEND THAT ALPHAWAVE SHAREHOLDERS VOTE IN FAVOUR OF SCHEME ACQUISITION IS CURRENTLY EXPECTED TO COMPLETE DURING FIRST CALENDAR QUARTER OF 2026 Source text: ID:nRSI9710La Further company coverage: AWE.L ((Reuters.Briefs@thomsonreuters.com;))