Qualcomm To Acquire UK's Alphawave For $2.4 Billion

Reuters
09 Jun

June 9 (Reuters) - U.S. chipmaker Qualcomm QCOM.O on Monday agreed to acquire British semiconductor company Alphawave AWE.L for about $2.4 billion.

Alphawave will receive 183 per share under the deal, a nearly 96% premium to its closing price before Qualcomm disclosed its interest in the company.

Qualcomm has also tabled an alternative share offers for Alphawave's shareholders.

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