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US cybersecurity firm McAfee looks to raise $814 mn from IPO
short by Rishabh Bhatnagar / on Wednesday, 14 October, 2020
US-based cybersecurity firm McAfee said on Tuesday it is looking to raise up to $814 million from its initial public offering (IPO). The firm will sell around 37 million shares at a price range of $19-$22 per share, with the top-end valuing the company at $9.5 billion. McAfee spun out of Intel four years ago and began operations independently.
read more at Reuters