(Reuters) – Keysight Technologies is preparing to launch a formal offer for British telecommunications testing firm Spirent Communications worth roughly 200 pence a piece, Sky News reported on Wednesday.
On March 5, U.S.-based Viavi Solutions had agreed to buy Spirent for about 1.01 billion pounds. As part of the deal with Viavi, Spirent shareholders would get 175 pence per share.
(This story has been corrected to say ‘March 5’ instead of ‘Tuesday’ in paragraph 2)
(Reporting by Shivani Tanna and Aishwarya Jain in Bengaluru; Editing by Vijay Kishore)
