Coherent Stock Sinks On Sale Of Aerospace, Defense Business - Coherent (NYSE:COHR)

Coherent Announces Agreement to Sell Aerospace and Defense Business to Advent for $400 Million

SAXONBURG, Pa., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in photonics, today...

Coherent Stock Sinks On Sale Of Aerospace, Defense Business - Coherent (NYSE:COHR)

Coherent Corp. (NYSE:COHR) announced the sale of its aerospace and defense business for $400 million and released its fourth-quarter results after Wednesday's closing bell. Here's a look at what to know: COHR is down after-hours. See the full breakdown here. The Sale Coherent said it will sell its aerospace and defense business to private equity firm Advent for $400 million. The company added that proceeds from the sale will be ...Full story ava…

Coherent sells aerospace & defence unit to Advent for $400M

Photonics specialist Coherent has entered into a definitive agreement to sell its Aerospace and Defence business to Advent, a private equity investor, for USD 400 million.

Coherent to Sell Aerospace & Defense Unit to Advent

Photonics company Coherent has reached an agreement to sell its Aerospace and Defense business to Advent, a global private equity investor. Advent said Wednesday it will acquire the business, including around 550 employees and 10 geographic sites, for $400 million. The deal is projected to be finalized in the third quarter of 2025, subject to standard closing conditions.

Coherent Stock Sinks On Sale Of Aerospace, Defense Business

Coherent Corp. (NYSE:COHR) announced the sale of its aerospace and defense business for $400 million and released its fourth-quarter results after Wednesday's closing bell. Here's a look at what to know: COHR is down after-hours. See the full breakdown here. The Sale Coherent said it will sell…