M&A
confidence high
sentiment positive
materiality 0.75
NortonLifeLock clears UK CMA hurdle; Avast merger to close Sep 12
Gen Digital Inc.
- Merger with Avast expected to close September 12, 2022.
- UK Competition and Markets Authority issued final report clearing the transaction.
- Deal to be effected via UK court-sanctioned scheme of arrangement under Nitro Bidco Limited.
- Remains subject to terms and conditions in the scheme document published October 28, 2021.