Maxar, Advent Seek Transfer of Licenses as Part of $6.4B Takeover
As part of private equity firm Advent International's $6.4 billion buy of Maxar Technologies announced in December (see 2212190010), Maxar and Advent asked the FCC International Bureau to approve transfer of Maxar's FCC licenses to Advent. In an application Wednesday,…
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Maxar and Advent said the deal would let Maxar accelerate investments in next-generation satellite technologies and data insights and go after strategic mergers and acquisitions. They said it also would ensure delivery of Maxar’s Legion satellite constellation.