(RTTNews) - Amphenol (APH) announced further details regarding its open offer to acquire up to 1,196,000 fully paid-up equity shares of face value of INR 10 of ADC India Communications, representing 26.00% of the voting share capital, from the public shareholders of ADC India. After the completion of the CCS Acquisition, ADC India became an indirect majority-owned subsidiary of Amphenol.
The Open Offer is being made at a price of approximately $13.68 per share, and assuming full acceptance under the Open Offer, the total consideration payable by Amphenol in cash will be approximately $16.36 million.
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