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Posted On: 12/10/2019 8:32:38 AM
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Meanwhile, Bloomberg had reported in August that McAfee was working with Morgan Stanley, Bank of America, and a full banking syndicate in pursuit of an initial public offering that could value the company at more than $8 billion. Private equity firm TPG has held a majority stake in McAfee since April 2017, with Intel and private equity firm Thoma Bravo both holding minority stakes.
Meanwhile, Bloomberg had reported in August that McAfee was working with Morgan Stanley, Bank of America, and a full banking syndicate in pursuit of an initial public offering that could value the company at more than $8 billion. Private equity firm TPG has held a majority stake in McAfee since April 2017, with Intel and private equity firm Thoma Bravo both holding minority stakes.
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