IN BRIEF: Avast applies for delisting as merger becomes effective

Avast PLC - Prague-based antivirus software - Says that its merger with NortonLifeLock Inc has now become effective. Applies to the Financial Conduct Authority and London Stock Exchange for the suspension and delisting of its shares. Expects the cancellation of its admissions to listing and trading on Tuesday 0800BST.

Tempe, Arizona-based NortonLifeLock had agreed back in August 2021 to buy Avast in a cash-and-shares deal worth USD8.6 billion at the time.

Current stock price: Suspended

By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.