Coherent to Acquire ROFIN-SINAR for $942 Million
On March 16, 2016, Coherent, a world leader in laser-based technology for scientific, commercial, and industrial customers, and ROFIN-SINAR Technologies, a global developer and manufacturer of high-performance industrial laser sources and laser-based solutions and components, announced that their boards of directors have unanimously approved a definitive agreement under which Coherent will acquire ROFIN for $32.50 per share in a transaction valued at approximately $942 million. Wilson Sonsini Goodrich & Rosati is representing Coherent in the transaction.
The transaction is expected to close within six to nine months, subject to approval by ROFIN stockholders, regulatory approvals in the U.S. and other countries, and other customary closing conditions.
The WSGR team representing Coherent in the transaction includes:
Employee Benefits and Compensation:
For more information, click here to read the companies' joint press release.