McAfee Corp - Ordinary Shares - Class A

NASDAQ:MCFE   10:04:22 AM EDT
25.69
+0.09 (+0.35%)
Mergers / Acquisitions

Mcafee To Be Acquired By An Investor Group For Over $14 Billion

Published: 11/08/2021 13:44 GMT
McAfee Corp - Ordinary Shares - Class A (MCFE) - Mcafee to Be Acquired by an Investor Group for Over $14 Billion.
Mcafee Corp - Transaction is Valued at Over $14 Billion.
Mcafee Corp - Mcafee Shareholders to Receive $26.00 per Share in Cash.
Mcafee Corp - Mcafee Shareholders to Receive $26.00 per Share in Cash.
Mcafee Corp - Upon Completion of Transaction, Investor Group Will Take Ownership of Mcafee.
Mcafee Corp - Transaction Valued at Approximately $12 Billion on an Equity Value Basis.
Mcafee Corp - Upon Completion of Transaction, Investor Group Will Take Ownership of Mcafee.
Mcafee Corp - Transaction is Expected to Close in First Half of 2022.
Mcafee Corp - Investor Group is Led by Advent International and Permira Advisers Among Others.
Mcafee Corp - Mcafee's Board and Advisors May Actively Initiate, Solicit and Consider Alternative Acquisition Proposals During a 45-day "go Shop" Period.
Mcafee Corp - Has Right to Terminate Merger Agreement to Accept a Superior Proposal During Go-shop Period.
Mcafee - Condor Bidco, Inc. Has Obtained Equity Financing and Debt Financing Commitments for Purpose of Financing Transactions Contemplated by Merger.
Mcafee - Funds Advised by Investor Group Have Committed to Capitalize Parent at Closing of Merger With an Aggregate Equity Contribution Equal to $5.2 Billion.
Mcafee Corp - Investor Group Comprised of Advent, Permira, Crosspoint Capital, Cpp Investments, Gic and Adia.