GIC, Zuora and Silver Lake
Zuora rises as Silver Lake, GIC to take company private in $1.7B takeover deal
Zuora (NYSE:ZUO) shares were up 5% in premarket trade, after it said it will be acquired by Silver Lake, in partnership with an affiliate of GIC, in a $1.7 billion take private deal. Under the deal, Silver Lake and GIC will acquire all outstanding shares of Zuora at $10 apiece in cash,
Billing software firm Zuora to go private in $1.7 billion deal with Silver Lake, GIC
Billing software firm Zuora said on Thursday it has agreed to be acquired by buyout firm Silver Lake and Singaporean wealth fund GIC in a deal valued at $1.7 billion, sending its shares up nearly 6% in early trading.
Zuora Enters into Definitive Agreement to be Acquired by Silver Lake and GIC For $1.7 Billion
Zuora, Inc. (NYSE: ZUO), a leading monetization suite for modern business, today announced that it has entered into a definitive agreement to be acquired by Silver Lake, the global leader in technology investing,
Zuora to be acquired by Silverlake and GIC in $1.7B cash deal
Under the terms of the agreement, Silver Lake and GIC will acquire all outstanding shares of Zuora stock at $10 per share in cash. That’s a premium to Zuora shares, which were trading at $9.42 prior to the announcement but as low as $8.36 over the last month. Officially, the acquisition price is offering an 18% premium on Zuora’s last stock price.
Silver Lake and GIC Acquire Zuora
Investment firms Silver Lake and GIC are acquiring Zuora, providers of a business monetization suite, in a stock deal valued at $1.7 billion.
Silver Lake, GIC To Acquire Zuora - Quick Facts
Zuora (ZUO) has entered into a definitive agreement to be acquired by Silver Lake, in partnership with an affiliate of GIC Pte. Ltd.
Zuora Stock Pops on Deal To Sell to PE Firm Silver Lake
Key Takeaways Shares of enterprise software company Zuora rose Thursday after announcing its purchase by a tech-focused private equity firm. The company said it would sell to Silver Lake and a partner for $10 per share in cash.
Yahoo Finance2d
Silver Lake and GIC to acquire Zuora for $1.7bn
Technology investment company Silver Lake and Singaporean sovereign wealth fund GIC’s affiliate have signed a definitive agreement to acquire enterprise software company Zuora in a deal valued ...
Subscription management firm Zuora agrees to be acquired for $1.7B
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PE Hub4d
Silver Lake and GIC to acquire enterprise software company Zuora in $1.7bn take-private deal
According to terms of the agreement, Silver Lake and GIC will acquire all outstanding shares of Zuora common stock for $10 per share in cash. “This investment underscores our confidence in Zuora ...
Reuters3d
Billing software firm Zuora to go private in $1.7 bln deal with Silver Lake, GIC
Oct 17 (Reuters) - Billing software firm Zuora (ZUO.N), opens new tab said on Thursday it has agreed to be acquired by buyout firm Silver Lake and Singaporean wealth fund GIC in a deal valued at $ ...