Maxar Technologies in its $6.4 billion acquisition by Advent International

On December 16, 2022, Maxar Technologies, provider of comprehensive space solutions and secure, precise, geospatial intelligence, announced that it has entered into a definitive merger agreement to be acquired by Advent International in an all-cash transaction that values Maxar at an enterprise value of $6.4 billion.  Under the terms of the definitive merger agreement, Advent has agreed to acquire all outstanding shares of Maxar common stock for $53.00 per share in cash. The purchase price represents a premium of approximately 129% over Maxar’s closing stock price of $23.10 on December 15, 2022.

Wachtell, Lipton, Rosen & Katz served as legal advisor to Maxar.