m_and_a
confidence high
sentiment neutral
materiality 1.00
Skyworks Solutions to acquire Qorvo in stock and cash transaction valued at $3.05B
SKYWORKS SOLUTIONS, INC.
- Skyworks will issue 0.960 shares of its common stock plus $32.50 cash per Qorvo share.
- Qorvo equityholders will own approximately 37% of the combined company, Skyworks 63%.
- Goldman Sachs provides up to $3.05 billion senior unsecured bridge term loans for cash portion.
- Starboard Value, holding ~8% of Qorvo, agrees to vote in favor of the merger.
- Robert Bruggeworth, Qorvo's CEO, will join Skyworks board upon closing expected early 2027.
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