Key facts
- KKR is nearing a deal to acquire Integer Holdings.
- The acquisition of Integer Holdings is valued at approximately $4.3 billion.
- Integer Holdings shares rose 11% on the news of the potential acquisition.
- The deal for Integer Holdings is expected to be announced next week.
- NXP Semiconductors is in talks to acquire Ambarella.
- Ambarella designs low-power AI chips for edge devices.
- Saipem and Subsea7 have cleared U.S. antitrust waiting periods for their merger.
- The merger between Saipem and Subsea7 can now proceed in the United States.
- International regulatory approvals for the Saipem and Subsea7 merger are still pending.
Private equity firm KKR is reportedly close to finalizing an acquisition of Integer Holdings, a medical device outsourcing company, in a deal valued at approximately $4.3 billion. The proposed transaction would amount to $127 per share for Integer Holdings, whose stock saw an 11% increase following the news. An announcement regarding the deal is anticipated as early as next week.
In parallel, NXP Semiconductors is reportedly engaged in discussions to acquire Ambarella, a company specializing in low-power artificial intelligence chips designed for edge devices. This potential acquisition could significantly strengthen NXP's position in the rapidly evolving sectors of software-defined vehicles and autonomous driving technology.
Separately, Saipem has announced that the waiting periods required by the U.S. Hart-Scott-Rodino antitrust law have concluded for its planned merger with Subsea7. This clearance permits the companies to move forward with completing their transaction within the United States. However, the merger is still subject to the finalization of other regulatory approvals in various international jurisdictions.