Juniper share could fall if deal with HPE falls, Citi says

Investing.com11-20

Investing.com - Juniper Networks Inc (NYSE:JNPR)' stock could drop by about 5% if its merger with Hewlett Packard Enterprise (NYSE:HPE) fails, Citi analysts said in a note on Tuesday. Citi's warning ...

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HPE has offered $40 per share to Juniper shareholders.\nThe transaction is expected to be funded through financing commitments for $14 billion in term loans and is likely to close in late 2024 or early 2025, subject to regulatory approvals.\nThe acquisition is expected to double HPE's networking business, and comes as companies increasingly invest in AI-related infrastructure amid an industry-wide boom.\nRelated Articles\nJuniper share could fall if deal with HPE falls, Citi says\nQualcomm expects $12 billion in revenue from autos, PC chips in five years\nU.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.28%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484904679"}