Nortonlifelock And Avast Plc To Merge In 8 4 Billion Transaction
That value is roughly equivalent to the value in U.S. dollars of Avast’s enterprise value, which takes into account its cash and debt, of £6.5 billion, based on the closing price of Avast stock tuesday of £5.68 on the London Stock Exchange. NortonLifeLock shares rose 2.5% in late trading. The two companies said in the joint press release that their respective boards of directors see an opportunity to “create a new, industry-leading consumer Cyber Safety business, leveraging the established brands, technology and innovation of both groups to deliver substantial benefits to consumers, shareholders, and other stakeholders....