Amphenol said on July July 18, 2024 it signed a definitive agreement to acquire CommScope's Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business for $2.1 billion in cash, subject to customary post-closing adjustments.

8-KRegulation FD DisclosureFiled Jul 18, 2024Period of report Jul 18, 2024Summary published (UTC) Oct 28, 2026

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Amphenol said on July July 18, 2024 it signed a definitive agreement to acquire CommScope's Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business for $2.1 billion in cash, subject to customary post-closing adjustments.
The company said the combined businesses are currently expected to generate full-year 2024 sales of about $1.2 billion and an EBITDA margin of about 25%. The acquired businesses have about 4,000 employees.
The company said that, assuming current economic conditions continue, the acquisition is expected to be accretive to Diluted EPS in the first full year after closing, excluding acquisition-related costs. It expects the deal to close in the first half of 2025, subject to regulatory approvals and other conditions.
The company said it plans to finance the acquisition with a combination of cash on hand and debt. Goldman Sachs & Co. LLC is serving as financial advisor, and Latham & Watkins LLP is serving as legal advisor.

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Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Amphenol to Acquire CommScope Mobile Networks Businesses for $2.1 billion

Amphenol said on July July 18, 2024 it signed a definitive agreement to acquire CommScope's Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business for $2.1 billion in cash, subject to customary post-closing adjustments.

Source · Based on the filing body and exhibits

Expected Full-Year 2024 Sales and EBITDA Margin for Acquired Businesses

The company said the combined businesses are currently expected to generate full-year 2024 sales of about $1.2 billion and an EBITDA margin of about 25%. The acquired businesses have about 4,000 employees.

Source · Based on the filing body and exhibits

Acquisition Terms: Diluted EPS and Closing Timing

The company said that, assuming current economic conditions continue, the acquisition is expected to be accretive to Diluted EPS in the first full year after closing, excluding acquisition-related costs. It expects the deal to close in the first half of 2025, subject to regulatory approvals and other conditions.

Source · Based on the filing body and exhibits

Acquisition Financing and Advisors

The company said it plans to finance the acquisition with a combination of cash on hand and debt. Goldman Sachs & Co. LLC is serving as financial advisor, and Latham & Watkins LLP is serving as legal advisor.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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