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Qualcomm to acquire UK's Alphawave for $2.4 billion

Qualcomm to acquire UK's Alphawave for $2.4 billion

Reuters10 hours ago

June 9 (Reuters) - U.S. chipmaker Qualcomm (QCOM.O), opens new tab on Monday agreed to acquire British semiconductor company Alphawave (AWE.L), opens new tab for about $2.4 billion.
Alphawave shareholders will receive 183 pence 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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