BRIEF-Qualcomm To Buy UK's Alphawave For $2.4 Billion

Reuters

06-09

BRIEF-Qualcomm To Buy UK's Alphawave For $2.4 Billion

June 9 (Reuters) - Qualcomm Inc QCOM.O:

ALPHAWAVE IP GROUP - ACQUISITION
DEAL IMPLIES AN ENTERPRISE VALUE OF APPROXIMATELY US$2.4 BILLION
UNDER TERMS OF ACQUISITION, EACH ALPHAWAVE SHAREHOLDER WILL BE ENTITLED TO RECEIVE: FOR EACH ALPHAWAVE SHARE: US$2.48 IN CASH
ALPHAWAVE DIRECTORS INTEND TO UNANIMOUSLY RECOMMEND THAT ALPHAWAVE SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
ACQUISITION IS CURRENTLY EXPECTED TO COMPLETE DURING FIRST CALENDAR QUARTER OF 2026

Source text: ID:nRSI9710La

Further company coverage: AWE.L

((Reuters.Briefs@thomsonreuters.com;))

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