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2023-10-03
neutral
France's Vantiva to buy CommScope´s Home Networks
French technology company Vantiva said on Tuesday it struck a deal to buy U.S. network infrastructure provider CommScope's Home Networks division. The deal includes a maximum earnout of $100 million in cash for CommScope contingent on Vantivas achieving EBITDA equal to or exceeding 400 million euros in a given fiscal year.
2023-10-03
neutral
France's Vantiva to buy US' CommScope’s Home Networks
Vantiva said on Tuesday it struck a deal to buy U.S. network infrastructure provider CommScope's Home Networks division in exchange for a 25% stake in Vantiva. Home Networks provides devices that connect homes to the internet and video set top boxes.
2023-10-03
neutral
UPDATE 1-France's Vantiva to buy CommScope´s Home Networks
Vantiva said on Tuesday it struck a deal to buy U.S. network infrastructure provider CommScope's Home Networks division. The deal includes a maximum earnout of $100 million in cash for CommScope contingent on Vantiva achieving EBITDA equal to or exceeding 400 million euros ($418.92 million) in a given fiscal year.
2023-04-14
positive
Down More Than 50%: These 2 ‘Strong Buy’ Stocks Are Flirting With a Bottom
CommScope reported top line revenues of $2.32 billion, up 4.5% year-over-year. The company’s expansion of fiber optic cables will also feed into overall job creation.
2023-04-01
positive
Biden administration's 'Internet for All' plan gets a corporate boost
CommScope plans to invest $47 million to beef up its facility in Hickory, NC, including hiring 250 people. Corning opened a new plant at its existing campus there, part of a $500 million investment in capacity since 2020.
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