According to executives at the private equity firm, the Wall Street Journal reported on Friday.
by- Indra bhan
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In a deal valued at roughly $4 billion, Advent International has agreed to acquire Maxar Techno
logies (NYSE: MAXR) Inc,
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On Friday morning, premarket trading saw a more than doubling of Maxar's shares.
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According to the WSJ story, Advent will acquire Maxar for $53 per share;
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with debt included, the acquisition will cost $6.4 billion, making it one of the larger buyouts to be reported in recent months.
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According to the article, a collection of non-bank lenders will provide the debt for the deal.
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A request for comment from Reuters was not immediately met by Maxar or Advent.
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Based in Westminster, Colorado Maxar, a satellite imaging firm with a $1.72 billion market worth,
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tracks changes on Earth and analyses data. A lot of the time, Maxar provides visuals of the Ukrainian battlefield.
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