Global Finance News
03 Apr 2026, 11:41
Amphenol announced further details of its open offer to acquire a 26% stake in ADC India Communications Limited following its broader acquisition of connectivity assets.
The offer, priced at INR 1,233.59 per share (approximately $13.03), could total about $15.6 million if fully subscribed. The tendering period runs from April 2 to April 17, 2026.
The transaction is part of Amphenol’s acquisition of the Connectivity and Cable Solutions business, which made ADC India an indirect majority-owned subsidiary. The open offer is mandatory under Indian takeover regulations and is not subject to a minimum acceptance threshold.
Amphenol said the move aligns with regulatory requirements and supports its strategy to expand its presence in communications and connectivity markets.
Business Wire
The offer, priced at INR 1,233.59 per share (approximately $13.03), could total about $15.6 million if fully subscribed. The tendering period runs from April 2 to April 17, 2026.
The transaction is part of Amphenol’s acquisition of the Connectivity and Cable Solutions business, which made ADC India an indirect majority-owned subsidiary. The open offer is mandatory under Indian takeover regulations and is not subject to a minimum acceptance threshold.
Amphenol said the move aligns with regulatory requirements and supports its strategy to expand its presence in communications and connectivity markets.
Business Wire