Canada's Open Text to acquire UK's software firm Micro Focus for $6 billion
The Open Text said that it will fund the cash takeover bid with $4.6 billion in new debt, $600 million from an existing credit line and cash on its balance sheet.
Ontario-based company Open Text Corp on 26 August announced to sign a deal to buy United Kingdom-based software firm Micro Focus International Plc for about $6 billion. The acquisition also includes debt.
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