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New Deal


Announced

Aviat Networks to acquire the remaining stake in Ceragon Networks for $223m.

Financials

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Transaction Value£182m
Consideration TypeCash
Capital Owned5%
Capital Bid For95%
EV/Sales-
EV/EBITDA-
Share Price Premium34%
One Off Charge-

Tags

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Majority

networking equipment

Single Bidder

Acquisition

Israel

Cross Border

Public

Telecommunications Equipment

Pending

Friendly

Synopsis

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Aviat Networks, a wireless transport solutions, agreed to acquire the remaining stake in Ceragon Networks, a networking equipment vendor, for $223m. "Our Board of Directors has spent considerable time analyzing the benefits of this combination and is unanimous in its belief that such a transaction has clear strategic and financial merits and creates a compelling opportunity to deliver meaningful near- and long-term value," John Mutch, Aviat Chairman.

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