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published in Blogs
Nov 06, 2021
McAfee (MCFE, $25.46) might sell itself to private equity firms

McAfee (MCFE, $25.46) might sell itself to private equity firms

Shares of McAfee  jumped on Friday, following  reports of the software security maker’s talks to sell itself to a consortium of private equity firms for more than $10 billion.

Bloomberg reported that the company is nearing a deal with private equity firm Advent International, citing  people familiar with the matter. According to the report, Permira Crosspoint Capital Partners is also involved in the talks.

While no final agreement has been reached, there is a possibility of the deal being announced within days.

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