MDA acquisition of DigitalGlobe
MDA bought DigitalGlobe, the US Earth imagery company, and renamed the group Maxar Technologies.
- Company
- DigitalGlobe
- Type
- M&A
- Status
- Completed
- Date
- 5 Oct 2017
- Value
- US$3.6bn
- Value basis
- About US$3.6bn enterprise value (US$2.4bn equity); US$35 per share in cash and stock
- Region
- US
- Segment
- Earth observation
Parties
- MacDonald, Dettwiler and Associates (MDA, later Maxar) buyer
- DigitalGlobe shareholders seller
Key terms
- Consideration
- US$17.50 cash plus 0.3132 MDA shares per DigitalGlobe share
- Committed financing
- US$3.75bn credit facility
Sources
- MDA 6-K: merger terms sec.gov · 2017
- MDA 6-K: MDA completes acquisition of DigitalGlobe sec.gov · 5 Oct 2017
Record ORB-INV-2017-0004. Investments are kept apart from the financings register and never counted in debt totals.