CommScope Completes Divestiture of Home Networks Business to Vantiva
CommScope (NASDAQ: COMM), a global leader in network connectivity, announced today the closing of the transaction to sell its Home Networks Business to Vantiva (Euronext Paris: VANTI.)
- CommScope (NASDAQ: COMM), a global leader in network connectivity, announced today the closing of the transaction to sell its Home Networks Business to Vantiva (Euronext Paris: VANTI.)
- The Company previously announced the signing of a definitive agreement for the transaction on October 3, 2023.
- The Company expects the impact of the divestiture to be immaterial to its adjusted EBITDA on a full-year basis.
- CommScope and the CommScope logo are registered trademarks of CommScope and/or its affiliates in the U.S. and other countries.