Keysight Technologies (KEYS) PT Raised to $163 at Deutsche Bank on Proposed Spirent Deal

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Recommended Cash Offer by Keysight for Spirent Communications PLC

March 28, 2024 8:05 AM EDT

Spirents business is highly attractive and well-aligned with Keysights long-term software-centric solutions strategy Expected new serviceable available market opportunities of up to US$1.5 billion Offer is for a cash consideration of 199 pence per share Spirents board of directors intend to unanimously recommend the offer

SANTA ROSA, Calif. & LONDON--(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)... More