Coherent $942 million acquisition of ROFIN-SINAR Technologies

6/3/2016

Acquisition finance, Public acquisition

Value:

$ 942 million

Status:

Completed

Date:

6/3/2016

Overview:

Coherent has acquired ROFIN-SINAR Technologies, a laser sources developer and manufacturer, for $942 million.
To finance the acquisition, Coherent obtained $850 million in financing from Barclays.
Because of the acquisition, Rofin common stock will cease trading on the Nasdaq Stock Market and Frankfurt Stock Exchange.

Rani Mehta - Journalist

Jurisdictions:

United States
Germany

Deal types:

Acquisition finance
Public acquisition

Practice areas:

Banking
M&A

Industry sector:

Technology and telecommunications

Firms:

Norton Rose Fulbright

Party: Rofin Sinar Techs Dl-01 (Target)

Lawyer: Sheldon Nussbaum

Weil Gotshal & Manges

Party: Barclays (Lender)

Lawyer: Daniel Dokos

Wilson Sonsini Goodrich & Rosati

Party: Coherent (Acquirer, Borrower)

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