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General

Coherent terminates merger agreement with Lumentum, opts for II-VI

Thursday 25 March 2021 | 10:51 CET | News
Coherent has ended its merger agreement with Lumentum, opting for II-VI's offer instead. This means Coherent will pay Lumentum a termination fee of USD 217.6 million. The latest offers for Coherent were estimated at around USD 7 billion.

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Categories: General
Companies: Lumentum
Countries: World
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