Satellite owner Maxar to be acquired in $6.4 bn deal led by Advent

Satellite owner and weather forecaster Maxar Technologies Inc announced an agreement to go private through an acquisition led by Advent International. The transaction is worth a total of $6.4 billion including debt. Advent is taking a $3.1 billion stake in the Colorado-based firm at $53 per share, with British Columbia Investment Management Corporation making a $1 billion equity contribution.