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Maxar Gets A Premium In Private Equity Deal And Firepower To Boot

By Cal Biesecker

Friday, December 16th, 2022

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Maxar Gets A Premium In Private Equity Deal And Firepower To Boot

New Russian military facility in Mariupol, Ukraine. Russia occupies the city as part of its illegal invasion of Ukraine. Satellite image (c) Maxar Technologies.

Maxar Technologies [MAXR] last Friday said it has agreed to be acquired by the private equity firm Advent International for about $4 billion in cash, a $53 per share price that is 129 percent above the closing price of the company’s shares last Thursday and about 34 percent above the high point of Maxar’s 52-week trading period. The enterprise value of the deal is $6.4 billion, and includes the assumption of $2.4 billion in debt. With Advent’s resources and the…

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