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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