Maxar Technologies Provides Update on Status of Regulatory Approvals of Proposed Acquisition by Advent International

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Apr 14, 2023

Maxar Technologies (NYSE:MAXR, Financial) (TSX:MAXR, Financial) (“Maxar” or the “Company”), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced that it has received the majority of the regulatory consents required for the Company’s previously announced transaction to be acquired by Advent International (“Advent”), one of the largest and most experienced global private equity investors. Advent has agreed, pursuant to a definitive merger agreement, dated December 15, 2022 (the “Merger Agreement”), to acquire all outstanding shares of Maxar common stock for $53.00 per share in cash.