II-VI obtains clearance to complete acquisition of Coherent

II‐VI Incorporated and Coherent, Inc. 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 to occur on or about July 1, 2022.

Contact: Jeff Nolan