Gen Completes Acquisition of MoneyLion, Accelerating the Company's Leadership in Financial Wellness
Gen Digital (NASDAQ: GEN) has completed the acquisition of MoneyLion for $82.00 per share in cash, representing a total transaction value of approximately $1 billion. The strategic acquisition aims to strengthen Gen's position in financial wellness by combining its Consumer Cyber Safety Platform with MoneyLion's financial ecosystem.
As part of the deal, MoneyLion shareholders will receive one contingent value right (CVR) per share, offering a potential additional payment of $23.00 in Gen common stock. This CVR payment is conditional on Gen's stock maintaining an average volume-average share price of at least $37.50 for over 30 consecutive trading days, or if Gen undergoes a change of control, prior to April 17, 2027. The CVRs will be listed on the Nasdaq Stock Market.
Gen Digital (NASDAQ: GEN) ha completato l'acquisizione di MoneyLion a 82,00 dollari per azione in contanti, per un valore totale della transazione di circa 1 miliardo di dollari. Questa acquisizione strategica mira a rafforzare la posizione di Gen nel settore del benessere finanziario, unendo la sua piattaforma di sicurezza informatica per i consumatori con l'ecosistema finanziario di MoneyLion.
Come parte dell'accordo, gli azionisti di MoneyLion riceveranno un diritto di valore contingente (CVR) per azione, che offre un potenziale pagamento aggiuntivo di 23,00 dollari in azioni ordinarie Gen. Questo pagamento CVR è condizionato al mantenimento da parte delle azioni Gen di un prezzo medio ponderato per volume di almeno 37,50 dollari per oltre 30 giorni di negoziazione consecutivi, oppure in caso di cambio di controllo di Gen, entro il 17 aprile 2027. I CVR saranno quotati sul Nasdaq Stock Market.
Gen Digital (NASDAQ: GEN) ha completado la adquisición de MoneyLion por 82,00 dólares por acción en efectivo, representando un valor total de la transacción de aproximadamente 1.000 millones de dólares. Esta adquisición estratégica busca fortalecer la posición de Gen en el bienestar financiero al combinar su plataforma de seguridad cibernética para consumidores con el ecosistema financiero de MoneyLion.
Como parte del acuerdo, los accionistas de MoneyLion recibirán un derecho de valor contingente (CVR) por acción, que ofrece un pago adicional potencial de 23,00 dólares en acciones ordinarias de Gen. Este pago CVR está condicionado a que las acciones de Gen mantengan un precio promedio ponderado por volumen de al menos 37,50 dólares durante más de 30 días hábiles consecutivos, o si Gen sufre un cambio de control, antes del 17 de abril de 2027. Los CVR se cotizarán en el Nasdaq Stock Market.
Gen Digital(NASDAQ: GEN)는 MoneyLion을 주당 82.00달러 현금으로 인수 완료했으며, 총 거래 가치는 약 10억 달러에 달합니다. 이번 전략적 인수는 Gen의 소비자 사이버 안전 플랫폼과 MoneyLion의 금융 생태계를 결합하여 금융 웰빙 분야에서의 입지를 강화하는 것을 목표로 합니다.
이번 거래의 일환으로 MoneyLion 주주들은 주당 하나의 조건부 가치 권리(CVR)를 받게 되며, 이는 Gen 보통주로 최대 23.00달러의 추가 지급 가능성을 제공합니다. 이 CVR 지급은 2027년 4월 17일 이전에 Gen 주식이 30거래일 연속으로 주당 평균 거래량 가중 가격이 최소 37.50달러 이상을 유지하거나, Gen에 지배권 변경이 발생하는 경우에 조건부로 이루어집니다. CVR은 나스닥 증권거래소에 상장될 예정입니다.
Gen Digital (NASDAQ : GEN) a finalisé l'acquisition de MoneyLion à 82,00 dollars par action en espèces, représentant une valeur totale de la transaction d'environ 1 milliard de dollars. Cette acquisition stratégique vise à renforcer la position de Gen dans le bien-être financier en combinant sa plateforme de cybersécurité grand public avec l'écosystème financier de MoneyLion.
Dans le cadre de l'accord, les actionnaires de MoneyLion recevront un droit à valeur conditionnelle (CVR) par action, offrant un paiement supplémentaire potentiel de 23,00 dollars en actions ordinaires Gen. Ce paiement CVR est conditionné au maintien par l'action Gen d'un cours moyen pondéré par volume d'au moins 37,50 dollars pendant plus de 30 jours de bourse consécutifs, ou en cas de changement de contrôle de Gen, avant le 17 avril 2027. Les CVR seront cotés sur le Nasdaq Stock Market.
Gen Digital (NASDAQ: GEN) hat die Übernahme von MoneyLion zum Preis von 82,00 USD pro Aktie in bar abgeschlossen, was einem Gesamttransaktionswert von etwa 1 Milliarde USD entspricht. Die strategische Übernahme zielt darauf ab, Gens Position im Bereich finanzielle Gesundheit zu stärken, indem die Consumer Cyber Safety Plattform mit dem Finanzökosystem von MoneyLion kombiniert wird.
Im Rahmen der Vereinbarung erhalten die Aktionäre von MoneyLion pro Aktie ein bedingtes Wertrecht (CVR), das eine potenzielle zusätzliche Zahlung von 23,00 USD in Gen-Stammaktien bietet. Diese CVR-Zahlung ist daran gebunden, dass der durchschnittliche volumengewichtete Aktienkurs von Gen über mindestens 30 aufeinanderfolgende Handelstage bei mindestens 37,50 USD liegt oder falls Gen vor dem 17. April 2027 eine Kontrollwechsel erfährt. Die CVRs werden an der Nasdaq-Börse notiert.
- Strategic expansion into financial wellness sector through $1B acquisition
- Additional potential value for shareholders through CVR mechanism
- Integration of MoneyLion's financial ecosystem with Gen's global Consumer Cyber Safety Platform
- Significant cash expenditure of $1B for the acquisition
- Potential stock dilution if CVR conditions are met
Insights
Gen's $1B MoneyLion acquisition expands into fintech with clever deal structure, though integration risks remain amid strategic diversification.
Gen Digital's
The transaction structure is particularly sophisticated. MoneyLion shareholders receive
The CVR price target of
However, the announcement lacks critical details about MoneyLion's revenue contribution, profitability metrics, or customer base size - making immediate financial impact assessment difficult. Integration challenges between cybersecurity and fintech operations could be substantial, introducing execution risk.
This acquisition positions Gen as a more comprehensive digital life platform, potentially creating cross-selling opportunities across their combined customer bases while defending against pure-play competitors in both sectors.
Gen's MoneyLion acquisition creates powerful cyber-finance ecosystem, though integration complexity and cultural alignment remain key challenges.
This acquisition represents a significant convergence of cybersecurity and financial services - two traditionally separate but increasingly interconnected consumer needs. Gen is strategically positioning itself at the nexus of digital protection and financial wellness, creating a more holistic consumer platform.
MoneyLion likely brings valuable capabilities in personal financial management, lending services, or investment tools that complement Gen's identity protection offerings. The combined entity can potentially deliver a unified solution addressing both cyber threats and financial vulnerability - key consumer pain points in today's digital economy.
The integration creates substantial cross-selling opportunities across Gen's global customer base. Existing cybersecurity subscribers represent a pre-qualified audience for financial wellness products, potentially increasing customer lifetime value and reducing acquisition costs.
However, successful execution faces significant challenges. The companies operate in different regulatory environments with distinct technology infrastructures and customer expectations. Cultural integration between cybersecurity and fintech teams often proves difficult due to different development methodologies and risk tolerances.
The absence of specific integration plans in the announcement suggests these details are still being formulated. The promised update during their May earnings call will be crucial for understanding how quickly synergies might materialize.
This acquisition positions Gen to compete more effectively against both traditional cybersecurity providers and emerging fintech platforms by offering a more comprehensive digital life solution.
"We're thrilled to welcome MoneyLion to the Gen family. The addition of MoneyLion accelerates our position to redefine financial empowerment in a digital-first world," said Vincent Pilette, CEO of Gen. "People need intuitive, holistic solutions they can trust. We're uniting decades of expertise and the global scale of Gen's Consumer Cyber Safety Platform with MoneyLion's industry-leading financial ecosystem. Gen is uniquely positioned to empower people to make smarter financial decisions, take greater control, and build lasting financial well-being."
Under the terms of the agreement, Gen acquired MoneyLion for
To learn more about the acquisition visit investor.gendigital.com. Additionally, the Company will hold its Fiscal 2025 Q4 and Full-Year Earnings Call on May 6, 2025, at 2 p.m. PT / 5 p.m. ET and will share more about Gen's expanded financial wellness offerings then.
About Gen
Gen (NASDAQ: GEN) is a global company dedicated to powering Digital Freedom through its trusted consumer brands including Norton, Avast, LifeLock, MoneyLion and more. The Gen family of consumer brands is rooted in providing financial empowerment and cyber safety for the first digital generations. Today, Gen empowers people to live their digital lives safely, privately and confidently for generations to come. Gen brings award-winning products and services in cybersecurity, online privacy, identity protection and financial wellness to nearly 500 million users in more than 150 countries. Learn more at GenDigital.com.
Cautionary Statement Concerning Forward-Looking Statements
This press release contains forward-looking statements, which are subject to safe harbors under the Exchange Act of 1934, as amended. Forward-looking statements include statements that represent our expectations or beliefs concerning future events, including, without limitation, references to our ability to utilize our deferred tax assets, as well as statements including words such as "expects," "plans," "anticipates," "believes," "estimates," "predicts," "goal," "intent," "momentum," "projects," "forecast," "outlook," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," and similar expressions. In addition, projections of our future financial performance, anticipated growth and trends in our businesses and in our industries, the consummation of or anticipated impacts of acquisitions, divestitures, restructurings, stock repurchases, financings, debt repayments and investment activities, the outcome or impact of pending litigation, claims or disputes, our intent to pay quarterly cash dividends in the future, plans for and anticipated benefits of our products and solutions, anticipated tax rates, benefits and expenses, the impact of inflation, fluctuations in foreign currency exchange rates, changes in interest rates, ongoing and new geopolitical conflicts, and other global macroeconomic factors on our operations and financial performance, the expected impact of our new strategy and other characterizations of future events or circumstances are forward-looking statements. These statements are only predictions, based on our current expectations about future events and may not prove to be accurate. We do not undertake any obligation to update these forward-looking statements to reflect events occurring or circumstances arising after the date of this press release.
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SOURCE Gen Digital Inc.
FAQ
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