Amphenol acquires CommScope's broadband connectivity business for $10.5 billion

Amphenol acquired CommScope's broadband connectivity business for $10.5 billion, and CommScope sold its connectivity and cable solutions division to Amphenol Corporation in a deal worth $10.5 billion. The acquisition will increase Amphenol's earnings per share, and for CommScope, it is an important step in its strategy to streamline its business and strengthen its balance sheet.
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