Aviat Networks’ Shares Acquisition in Ceragon Networks

Vinson & Elkins advised Aviat Networks on the deal.

Aviat Networks, Inc. announced a nonbinding proposal to acquire all the outstanding shares of Ceragon Networks Ltd. that it does not already own for $2.80 per share in cash. Aviat holds more than 5% of Ceragon’s outstanding shares as of June 24, 2022, making it Ceragon’s third largest shareholder.

The V&E corporate team was led by partners Steve Gill (Picture), Michael Gibson and Katherine Frank with assistance from senior associate Stancell Haigwood and associates Joseph Steuert and Tessa Krieger-Carlisle.

Involved fees earner: Katherine Frank – Vinson & Elkins LLP; Michael Gibson – Vinson & Elkins LLP; Stephen Gill – Vinson & Elkins LLP; Stancell Haigwood – Vinson & Elkins LLP; Tessa Krieger-Carlisle – Vinson & Elkins LLP; Joseph Steuert – Vinson & Elkins LLP;

Law Firms: Vinson & Elkins LLP;

Clients: Aviat Networks;

Martina Bellini

Author: Martina Bellini