FilingReader Intelligence
CommScope to sell connectivity segment for $10.5bn
August 5, 2025 at 06:29 AM UTC•By FilingReader AI
CommScope has agreed to sell its Connectivity and Cable Solutions segment to Amphenol Corporation for $10.5 billion in cash. The deal is expected to close in the first half of 2026.
CommScope anticipates net proceeds of approximately $10 billion and plans to distribute excess cash to shareholders as a dividend.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:ADCINDIA•Bombay Stock Exchange
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