CommScope surges after $10.5 billion Amphenol deal

Amphenol

04/08/2025 19:01

Updates

** Shares of communication network infrastructure provider CommScope Holding COMM.O hit nearly four-year high, last up 88.5% to $14.72

** Electronics equipment maker Amphenol's APH.N shares up 3.4% at $107.89

** APH enters a
$10.5 billion deal
 to buy COMM's connectivity and cable solutions unit

** Amphenol struck deal last year to buy CommScope's outdoor wireless network, distributed antenna systems businesses for $2.1 bln in cash

** As of last close, COMM and APH up ~50% this year

 (Reporting by Joel Jose and Jaspreet Singh in Bengaluru)

 ((joeljose@thomsonreuters.com;))