Advent to Buy Maxar Technologies for About $4 Billion

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https://www.wsj.com/articles/advent-to-buy-maxar-technologies-for-about-4-billion-11671190204

Including debt, the transaction is worth $6.4 billion

Advent International agreed to buy Maxar Technologies Inc. in a deal that values the satellite owner and operator at about $4 billion.

Advent is paying $53 a share for Maxar, the companies said, confirming an earlier Wall Street Journal report. Shares of Maxar, which had fallen 23.5% since the beginning of the year, closed at $23.10 on Thursday. They soared 125% Friday on the news to close at $51.93.

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