Marvell proposes a $115 billion takeover of Lumentum
FROM THE WIRE · LIVEMINT.COM
Timing is everything when you’re trying to pull off a mega-deal. And it’s hard to think of a worse moment for semiconductor designer Marvell Technology Inc. to unveil a takeover of laser specialist Lumentum Holdings Inc. at a $115 billion enterprise value.
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralA large semiconductor and laser M&A deal can move the shares involved.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Marvell Technology plans to take over laser specialist Lumentum Holdings.
- 02The deal is valued at $115 billion in enterprise value.
- 03The article argues that the timing chosen is unfavorable.