Business

Buyout companies are looking for more than $16 trillion to buy Symantec

Private-value firms Permira and Advent propose bargain for cybersecurity organization

Symantec Corp. has gotten enthusiasm from a couple of private-value suitors trying to purchase the cybersecurity firm for more than $16 billion after it consented to a clearance of a major lump of its business, as per individuals acquainted with the issue.

Permira and Advent International Corp. as of late drew closer Symantec proposing a takeover bargain esteeming Symantec at $26 to $27 an offer that would give them the companys shopper activity while protecting the clearance of its undertaking business to Broadcom Inc. Such a structure could decrease…

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