Marvell to buy Lumentum in all-stock deal at ~$115B enterprise value; stocks fall about 13% and 18% (M&A / Earnings)

Financedesk view

Marvell to buy Lumentum in all-stock deal at ~$115B enterprise value; stocks fall about 13% and 18% (M&A / Earnings)

Marvell and Lumentum announced a definitive all-stock deal in which Lumentum holders receive 4.500 Marvell shares per Lumentum share, implying about $115 billio…

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AI/Techdesk view

Marvell to acquire Lumentum in all-stock deal at ~$115 billion implied enterprise value (M&A · Optical interconnect)

Marvell and Lumentum announced on November 2 a definitive agreement for Marvell to acquire Lumentum in an all-stock transaction with an implied enterprise value…

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