BRIEF-Qualcomm To Buy UK's Alphawave For $2.4 Billion-February 2024-www.financetom.com

BRIEF-Qualcomm To Buy UK's Alphawave For $2.4 Billion

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BRIEF-Qualcomm To Buy UK's Alphawave For $2.4 Billion

Jun 8, 2025 11:34 PM

June 9 (Reuters) -

Qualcomm Inc ( QCOM ):

* ALPHAWAVE IP GROUP ( AWEVF ) - ACQUISITION

* DEAL IMPLIES AN ENTERPRISE VALUE OF APPROXIMATELY US$2.4

BILLION

* UNDER TERMS OF ACQUISITION, EACH ALPHAWAVE SHAREHOLDER

WILL BE

ENTITLED TO RECEIVE: FOR EACH ALPHAWAVE SHARE: US$2.48 IN CASH

* ALPHAWAVE DIRECTORS INTEND TO UNANIMOUSLY RECOMMEND THAT

ALPHAWAVE SHAREHOLDERS VOTE IN FAVOUR OF SCHEME

* ACQUISITION IS CURRENTLY EXPECTED TO COMPLETE DURING FIRST

CALENDAR QUARTER OF 2026

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