Amphenol Corporation completed its open offer for ADC India Communications Limited, acquiring 14 shares directly and exercising indirect control over 72.02% of voting rights. This follows a global purchase agreement with CommScope Holding Company, Inc. to acquire its connectivity and cable solutions business.
Amphenol Corporation completed an open offer for ADC India Communications Limited, acquiring 14 shares directly and gaining indirect control over 72.02% of the company (3,13,037 shares). The acquisition follows Amphenol's 100% stake purchase in CommScope Technologies LLC, making it the new promoter of the target company.