Spirent shares jump 60% as it accepts £1bn bid from US rival Viavi

UK telecoms firm is latest in string of targets for foreign buyers taking advantage of low valuations Business live - latest updates Shares in the UK telecoms firm Spirent Communications jumped 60% after it accepted a £1bn offer from a US rival in the latest takeover of a British company by a foreign firm. The Arizona-based Viavi Solutions, which manufactures, tests and monitors equipment for networks, will pay 172.5p in cash and a special dividend of 2.5p, in lieu of a final dividend, for each...