Lumentum holders would get 4.500 Marvell shares each, about $1,132 at 28 October closes, the companies said. They expect to complete it in the first half of calendar 2028, subject to approvals.
At least 75% will be paid in cash, the companies said. They expect to close at the end of 2027 or in the first half of 2028, pending an Instacart vote and US, Canadian and Israeli approvals.
Range holders get 0.987 EQT shares each, about $12.83bn in equity by Reuters' count. The $50bn-plus figure is the combined group's enterprise value. Closing is expected in Q1 2027.