Dell to be taken private in $24.4bn buyout; financing committed by four banks
Dell, the US computer maker, has agreed to be sold to global technology investment firm Silver Lake in an MBO backed by Dell’s founder, chairman and CEO Michael Dell.
The $24.4bn buyout would be one of the largest LBOs ever, joining the ranking at number 12, according to Dealogic data looking back until January 2002. The largest ever LBO was KKRs acquisition of electric power generator TXU Corp in February 2007 for a deal value of $43.8bn.The ...
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