Qualcomm To Buy UK's Alphawave For $2.4 Billion
ReutersJun 9, 2025 6:09 AM
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
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