REUTERS: Cyber security firm McAfee Corp sold shares in its initial public offering on Wednesday at US$20 a piece, within its target range, to raise US$620 million.
TPG acquired a majority stake in McAfee from Intel Corp in 2016 in a deal which valued the company at US$4.2 billion, including debt. Thoma Bravo took a minority stake in McAfee in 2017.
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