NRG Energy has agreed to acquire US-based publicly-listed Vivint Smart Home for a consideration of $5.2 billion or $12 per share, which includes around $2.8 billion in cash and the assumption of $2.4 billion debt. The combined entity with a network of around 7.4 million customers across North America, is expected to become one of […]
Vivint Smart Home, a Blackstone Group-backed US smart home services provider, has agreed to merge with a subsidiary of Mosaic Acquisition, to create a home automation company worth $5.6 billion. Mosaic Acquisition is a special purpose acquisition company of Japanese investment firm SoftBank Group. Founded in 1999, Vivint Smart Home offers a suite of smart […]
