Keysight to launch offer for London-listed Spirent, Sky News reports (updated)
27/03/2024 20:23
(Adds background)
March 27 (Reuters) - Keysight Technologies KEYS.N is
preparing to launch a formal offer for British
telecommunications testing firm Spirent Communications SPT.L
worth roughly 200 pence a piece, Sky News reported on Wednesday.
On Tuesday, U.S.-based Viavi Solutions VIAV.O had agreed
to buy Spirent for about 1.01 billion pounds. As part of the
deal with Viavi, Spirent shareholders would get 175 pence per
share.
(Reporting by Shivani Tanna and Aishwarya Jain in Bengaluru;
Editing by Vijay Kishore)
((ShivaniJayesh.Tanna@thomsonreuters.com;))