According to Bloomberg, McAfee (MCFE) was approached by buyout firms

  • November 14, 2021

POTENTIAL DEAL DETAILS

Stock McAfee Corp. Symbol MCFE
Date Announced 11/05/2021 Source Bloomberg
Type News Report
Date of Confirmation: 11/08/2021 Price at Confirmation: $25.50
Potential Profit: 0.16% Annualized Profit: 19.11%

Cybersecurity software maker McAfee Corp. (MCFE) is in advanced talks to go private through a deal with buyout firms Advent International Corp. and Permira, just over a year after it returned to the public markets, according to people familiar with the matter.

Update(s):

November 8, 2021: McAfee Corp. (MCFE), announced it has entered into a definitive agreement to be acquired by an investor group led by Advent International Corporation and Permira Advisers LLC, Crosspoint Capital Partners, Canada Pension Plan Investment Board, GIC Private Limited, and a wholly owned subsidiary of the Abu Dhabi Investment Authority (collectively, “the Investor Group”).

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