CANBERA (dpa-AFX) - Motorola Solutions Inc. (MSI) is in advanced talks to acquire Airwave Solutions Ltd., a U.K. communication services provider, as it seeks to build out its software and services business, Bloomberg reported citing people familiar with the matter.
The report indicate that Airwave, which is controlled by Macquarie Group Ltd. (MQG.AX, MQBKY.PK), could fetch about 1 billion pounds ($1.6 billion). Talks are ongoing and the deal may still fall through, in part due to Airwave's complex shareholder structure.
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