Linklaters advises Spirent Communications plc on its c. £1bn recommended takeover offer from Viavi Solutions Inc.
Linklaters is pleased to be advising Spirent Communications plc, a leading global provider of automated test and assurance solutions, on its recommended cash offer from Viavi Solutions Inc.
The transaction values Spirent at approximately £1.005 billion, and under the deal Spirent shareholders will receive a total acquisition value of 175 pence per share. The transaction will allow Spirent shareholders to accelerate and de-risk potential future value creation in its business.
The cross-practice team advising Spirent is being led by Corporate Partners Matthew Hearn and James Inglis, Corporate Managing Associate Thomas Bishop, Employment & Incentives Partner Alexandra Beidas and Antitrust & Foreign Investment Partner Neil Hoolihan.
This is the latest in a series of high-profile takeover transactions by Linklaters’ UK Public M&A team. Recent transactions have included: