M&A
confidence high
sentiment positive
materiality 0.85
Lumentum obtains Chinese antitrust clearance for NeoPhotonics acquisition; closes ~Aug 3
Lumentum Holdings Inc.
- SAMR of China granted antitrust clearance for Lumentum's pending $16.00/share cash acquisition of NeoPhotonics.
- Closing expected on or about August 3, 2022, satisfying the last major regulatory condition.
- Each NeoPhotonics share will convert into $16.00 cash upon completion.