M&A
confidence high
sentiment positive
materiality 0.85
Amphenol to acquire CommScope's mobile networks businesses for $2.1B cash
AMPHENOL CORP /DE/
- Deal includes CommScope's Outdoor Wireless Networks and Distributed Antenna Systems segments.
- Acquired businesses expected to have FY2024 sales of ~$1.2B and EBITDA margins of ~25%.
- Acquisition expected to be accretive to Amphenol's diluted EPS in first full year after closing.
- Expected to close in first half of 2025, subject to regulatory approvals and other conditions.
- Financed through cash on hand and debt; Goldman Sachs and Latham & Watkins are advisors.