AEA-Bridges filed a preliminary proxy outlining its proposed acquisition of Harley-Davidson’s electric motorcycle division Livewire.
The transaction will be financed by ABIC’s $400 million cash in trust, a $100 million investment from Harley-Davidson, and a $100 million investment from KYMCO through a PIPE.
The combined company is expected to have an enterprise value of approximately $1.77 billion and post-money equity value of approximately $2.31 billion at closing.
If approved, Livewire is expected to list on the New York Stock Exchange under the symbol LVW. Read more.
