Loading...
Market
Story
Nokia to Acquire Infinera for $2.3 Billion, $6.65 per Share
Jun 27, 2024, 08:59 PM
Nokia has announced its plans to acquire Infinera, a maker of optical telecommunications equipment, for $2.3 billion. The deal values Infinera at $6.65 per share, representing a 28% premium. Nokia expects the transaction to be accretive to its earnings per share (EPS) in the first year and deliver over 10% comparable EPS accretion by 2027. Additionally, Nokia anticipates EUR 200 million in net operating profit synergies by 2027. At least 70% of the deal will be paid in cash. Infinera's stock has surged 23% following the announcement. The acquisition aims to increase Nokia's scale in optical networks and accelerate its product roadmap.
View original story
Similar markets
Increase by less than $500 million • 25%
Increase by $500 million to $1 billion • 25%
Increase by $1 billion to $2 billion • 25%
Increase by more than $2 billion • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Less than 5% growth • 25%
5% to 10% growth • 25%
10% to 15% growth • 25%
More than 15% growth • 25%
Yes • 50%
No • 50%
Increase by 1-5% • 25%
Increase by 6-10% • 25%
Increase by more than 10% • 25%
No significant change • 25%
Improved network management • 25%
Increased 5G capacity • 25%
Enhanced energy efficiency • 25%
Other benefits • 25%
Less than 20% • 25%
20% to 30% • 25%
30% to 40% • 25%
More than 40% • 25%
Below €500 million • 25%
€500 million - €1 billion • 25%
€1 billion - €1.5 billion • 25%
Above €1.5 billion • 25%
Increase by more than 10% • 25%
Increase by 5-10% • 25%
Increase by less than 5% • 25%
No significant increase • 25%
Significant growth • 25%
Moderate growth • 25%
No change • 25%
Decline • 25%
