March 26, 2018 / 10:34 AM / 3 months ago

BRIEF-II-VI Inc To Buy CoAdna For $85 Mln

March 26 (Reuters) - Ii-Vi Inc:

* II-VI INCORPORATED TO ACQUIRE COADNA, A LEADER IN WAVELENGTH SELECTIVE SWITCHES

* II-VI INC - DEAL FOR APPROXIMATELY $85 MILLION

* II-VI INC - TRANSACTION PRICE INCLUDES ACQUISITION OF COADNA’S APPROXIMATELY $40 MILLION IN CASH

* II-VI INC - TRANSACTION IS EXPECTED TO CLOSE IN 3RD CALENDAR QUARTER OF 2018 Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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