NortonLifeLock touts deleveraging plans despite potential M&A and buybacks

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NortonLifeLock touts deleveraging plans despite potential M&A and buybacks

William Hoffman's avatar
David Bell's avatar
  1. William Hoffman
  2. +David Bell
3 min read

Cyber security company NortonLifeLock is levering up significantly to fund its $8.6bn acquisition of UK rival Avast, but is telling investors that it should be able to reduce debt quickly thanks to strong free cash flow.

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