mdf commerce, a specialist in digital commerce technologies, announced today that it has reached a definitive agreement to be acquired by funds managed by KKR.

Once the transaction is finalized, mdf commerce will become a private company, says KKR.

mdf commerce shareholders will receive C$5.80 in cash per share, representing C$255 million in total equity value and a premium of approximately 58% to the closing price on March 8, 2024.

KKR reports that the mdf commerce Board of Directors has recommended that shareholders vote in favor of the transaction.


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