Ii-vi incorporated obtains all governmental regulatory approvals to complete acquisition of coherent, inc. and sets expected closing date

Pittsburgh and santa clara, calif., june 28, 2022 (globe newswire) -- ii‐vi incorporated (nasdaq: iivi) (“ii-vi”) and coherent, inc. (nasdaq: cohr) (“coherent”) today announced that ii-vi has obtained antitrust clearance from the state administration for market regulation of the people's republic of china (“samr”) for ii-vi's pending acquisition of coherent. the clearance decision from samr satisfies the closing condition set forth in the previously announced merger agreement regarding the receipt of antitrust approvals. ii-vi expects the closing of its acquisition of coherent (the “merger”) to occur on or about july 1, 2022.
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