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Satellite owner Maxar to be acquired in $6.4 bn deal led by Advent
short by Ambarish Awale / on Saturday, 17 December, 2022
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.
read more at Reuters