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Evening Standard
Evening Standard
Business
Jonathan Prynn

Semi-conductor group Alphawave is latest tech company to quit London listing as it agrees £1.8bn takeover

Alphawave IP is the latest tech company leaving the London stock market - (Alphawave IP)

Semi-conductor group Alphawave IP is to become the latest major London listed company to leave the stock market after agreeing a £1.8 billion takeover from US chip giant Qualcomm.

The Gresham Street headquartered company told shareholders this morning it had finally struck a deal with its suitor after an extension for the takeover deadline was extended for the fifth time last week.

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