CommScope to sell OWN and DAS businesses to Amphenol for ~$2.1B cash

Vistance Networks, Inc.

Purchase price ~$2.1 billion in cash on a cash-free, debt-free basis, subject to adjustments.
Closing expected within first half of 2025, subject to regulatory approvals including HSR and other conditions.
Transaction includes 5-year non-compete for Seller and 3-year non-solicit of Business employees.
Seller retains certain excluded liabilities; Amphenol assumes specified liabilities and will pay post-Closing taxes.
Representation and warranty insurance policy will be secured by Buyer; Seller indemnifies for fundamental representation breaches.

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