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.
Nokia to acquire Infinera in $2.3 billion deal to scale up optical network https://t.co/niAhC3WTmf https://t.co/HDkgbLGxz3
Nokia to acquire Infinera in $2.3 billion deal to scale up optical network https://t.co/3PxtOKcsPd https://t.co/wkQTel2Eu3
Nokia has agreed to acquire Infinera in a transaction valuing the maker of optical telecommunications equipment at $2.3 billion including debt https://t.co/UuZwS9oWuv
Nokia to Acquire Infinera for $2.3 Billion With Eyes on Optical Networks Business https://t.co/UNq3kAUBxl
Infinera’s stock rockets higher after $2.3 billion purchase by Nokia https://t.co/qo6k9xPjSD
Nokia $NOK to acquire Infinera $INFN in a $2.3B deal for $6.65/Share. The transaction is expected to be accretive to EPS in the first year and deliver over 10% comparable EPS accretion by 2027. Nokia anticipates EUR 200M in net operating profit synergies by 2027. The…
$INFN +23% $NOK - PR confirms: Nokia to acquire Infinera to increase scale in Optical Networks and accelerate product roadmap https://t.co/q9RVhTRvQv
📣 JUST IN: $NOK Nokia to Acquire $INFN Infinera, Expanding Optical Networks Scale 👉 Key Highlights: 📍 Nokia acquires Infinera for $2.3 billion. 📍 Deal values Infinera at $6.65 per share, a 28% premium. 📍 At least 70% of the deal to be paid in cash. 📍 Infinera… https://t.co/Nl7RRx4OuI https://t.co/bfHCwzxnqe
$NOK buying $INFN for 6.65/shr- remember it was there for the picking sub $2 end of last year...
NOKIA HAS ANNOUNCED PLANS TO ACQUIRE INFINERA FOR AN ENTERPRISE VALUE OF $2.3 BILLION
📣 JUST IN: $NOK Nokia Explores Acquisition of US Networking Company $INFN Infinera 👉 Key Highlights: 📍 Nokia exploring acquisition of Infinera Corp. 📍 Infinera shares up 15% over the last 12 months. 📍 Infinera's market value around $1.2 billion. 📍 Deliberations… https://t.co/JKr0iAWeGc
Scoop: Nokia $NOK is considering a potential deal for telco equipment maker Infinera $INFN. Story with @LianaBaker, @MichelleF_Davis via @Bloomberg @BloombergDeals: https://t.co/F3myxpE9ku
Nokia is exploring a potential acquisition of Infinera, a maker of optical telecommunications equipment https://t.co/ChePFKsIB6
scoop: Nokia is exploring a deal for telecom equipment company Infinera, sources say. 🌐 $INFN $NOKIA story on @TheTerminal
NOKIA IS REPORTEDLY CONSIDERING THE POTENTIAL ACQUISITION OF INFINERA
Nokia Reportedly Considering Potential Acquisition Of Infinera $NOK $INFN