Spirent Communications Share Discussion Threads

[domesday2] 13/5/2025 10:26:12

The small discount to the offer price now looks more like timing to get cash than doubt whether the deal will go through.

[tabhair] 07/5/2025 14:11:39

With support and assistance from Spirent, as Keysight announced on 1 April it remains committed to working quickly and constructively with the US Department of Justice and State Administration for Market Regulation of the People's Republic of China to obtain clearance for the Transaction and, as it stated in the same announcement, expects that the Scheme will become effective during the third quarter of Keysight's current fiscal year (period ending 31 July 2025).

---------------------

So it's only China and the US that we are awaiting an approval on.

[1knocker] 05/5/2025 10:59:45

Slippage seems to be the order of the day here, and the timing is not in all respects in Keysight's gift.

I have hung on for quite a while now, so I expect to continue to wait for the full payment rather than sell out. If some not-to-be-missed opportunity comes along though, most of the money is there for the taking to fund a new investment.

[tabhair] 05/5/2025 10:32:31

Keysight Technologies Inc on Tuesday said it expects its takeover of Spirent Communications PLC to take place by the end of July rather than the end of April.

Keysight said it ‘remains committed to working quickly and constructively’; with the US Department of Justice and the Chinese State Administration for Market Regulation to obtain clearance for the acquisition.

It expects the takeover to complete during the third quarter of Keysight’s current fiscal year, which ends on July 31.

[dogwalker] 15/4/2025 09:32:13

Though not necessarily by the end of this month as had been mooted at the beginning of March. At least at the rate we seem to be going.

[kiwihope] 19/2/2025 10:03:05

Looks like market getting more convinced deal will complete...

[martinmc123] 17/1/2025 10:49:50

3*
Spirent Communications, the leading provider of automated test and assurance solutions for next-generation devices and networks, issued a decent Trading Update for the financial year ended 31 December 2024. Performance ticked up through the second half of the year in early signs of a market recovery. Revenue growth in the fourth quarter, and for second half of the year was 5 per cent, resulting in full year revenue at approximately $460 million...from WealthOracle

wealthoracle.co.uk/detailed-result-full/SPT/1153

[steeplejack] 02/12/2024 09:05:20

Grinding slow commitment to meet regulatory requirements to get approval for bid in various countries but it looks to be on track for completion by the end of April 25

[jimee] 21/10/2024 09:46:57

No sign of the "deal closing".

[indiestu] 15/8/2024 09:45:38

I'm rolling the dice. There's 16 percent here in 6-8 weeks if the deal closes. Can't see why it wouldn't go through but could be wrong of course.

[danb45] 26/7/2024 19:07:14

what's going on here ? market must think think bid won't go through

[dplewis1] 04/7/2024 08:13:45

Quite a few of these form 8.3's are funds adding to long positions. Seems institutional money getting in for their 10% uplift to 202p

[erbullion] 03/7/2024 10:22:21

Morgan Stanley up their position

[kiwihope] 03/7/2024 08:06:40

Price is now quite a bit below offer. Market must think deal won't complete due to watchdog investigation or something else...

[dplewis1] 24/5/2024 10:52:43

It's not clear from the documents. There's a long stop date in September which it has to close by, but there was a GM on the 22nd May - I assume it will close well before the September date

[indiestu] 24/5/2024 09:31:28

When is the deal meant to close?

[indiestu] 24/5/2024 09:27:30

Could be a quick 10% here if you had the balls

[deanowls] 24/5/2024 08:25:45

No bidding war then. Difference to TO price around competition watchdog?

[dplewis1] 24/5/2024 08:23:19

Well, it is now 10% .. quite a strange outcome unless something is off with the deal.

[dplewis1] 03/5/2024 08:57:48

Well this seems odd.. Deutsche Bank initiates coverage with buy rating and 240p price target

[marme] 17/4/2024 22:53:09

Sorry, meant to write 10p not 10%.
Purchase price with special dividend as I recall is 201.5P. It’s been more like 9P, not off by much.

[dplewis1] 17/4/2024 17:45:28

It's about 5p below.. that ain't 10%

[marme] 17/4/2024 15:25:06

Stock price has traded almost 10% below acquisition price, doesn’t seem normal. Assume it’s large investors cashing out and investing elsewhere.