Global marketsUpdated November 3

The proposed Marvell-Lumentum deal is expected to close in the first half of 2028.

The proposed deal is a fixed stock swap, not a cash purchase: Lumentum shareholders would receive 4.5 Marvell shares for each Lumentum share they own. Marvell announced an implied enterprise value of $115 billion for Lumentum, and the final acquisition value is affected by Marvell’s share price. Completion is expected in the first half of 2028.

1 publisher1 report

Coverage started November 3