Keysight (KEYS) and Spirent Postpone Deal Deadline To October 27

Keysight Technologies, Inc. (NYSE:KEYS) is one of the best smart city stocks. On September 16, Keysight Technologies and Spirent Communications confirmed that the UK Court has agreed to extend the acquisition deadline by nearly a month, resetting it to October 27, 2025.

The extension pertains to Keysight’s recommended cash offer for Spirent, announced on March 28, 2024. The acquisition is structured as a Court-endorsed scheme of arrangement under the Companies Act 2006.

Keysight indicated in a statement that China’s State Administration for Market Regulation (SAMR) is in the final stages of its review, and approval is expected soon. Securing this regulatory consent is among the remaining steps for the deal to close.

On September 9, both companies said they would seek an extension of the deadline, subject to the Court’s approval, which has now been approved. Court approval was given without stopping any Spirent shareholder from opposing the extension at the future Court Sanction Hearing.

Keysight Technologies, Inc. (NYSE:KEYS) provides comprehensive electronic design and testing solutions worldwide through its Communications Solutions Group and Electronic Industrial Solutions Group segments.

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