Broadcom, the US giant in the field of microprocessors, has presented a maxi purchase offer to buy rival Qualcomm. The operation, which became official in the last few hours, was closed for a total amount of 130 billion dollars, including debt equal to 25 billion dollars.
Broadcom has made an offer that includes $70 for each share of Qualcomm, including $60 in cash and $10 in stock. This figure is 13% higher than Qualcomm's Friday closing on Wall Street ($61,81). According to these figures, Qualcomm's market capitalization rises to $103,2 billion.
Meanwhile Qualcomm is attempting to close its $38 billion acquisition of nxp Semiconductors Nv, a major vehicle chip maker that is working in self-driving technology. This operation should not affect Broadcom's offer.
According to estimates, the merger of Broadcom and Qualcomm, including Nxp, would result in a company with a pro-forma turnover for 2017 of about 51 billion dollars and an Ebitda of about 23 billion.
Year-to-date, Broadcom stock has added 55% and over the past 12 months, 58%. Qualcomm's has lost 2017% since January 5,2 and has lost almost 8% in the last year
