OpenText Acquires Micro Focus in $6 Billion All-Cash Deal
August 26, 2022
OpenText announced it has reached an agreement on the terms of a recommended all-cash offer to acquire Micro Focus for 532 pence per share, valuing the enterprise at about $6 billion. The deal is expected to close in the first quarter of calendar 2023, subject to shareholder, court, and regulatory approvals.
- Buyers
- OpenText UK Holding Limited (Bidco)
- Targets
- Micro Focus
- Industry
- Software
- Transaction Type
- Buyout
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