On a corporate action affecting ordinary shares of Infinera Corporation (INFN)
On June 27, 2024, Infinera Corporation signed a merger agreement with Nokia Corporation under which Nokia Corporation will acquire Infinera Corporation. Infinera Corporation stockholders by default will have the right to receive $6.65 in cash per share of Infinera Corporation that they own if transaction is approved by stockholders on the special meeting of stockholders to be held on October 1, 2024. For more details, please, refer to the company’s website.
ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.