buyout - eriinfo

EA to go private in biggest leveraged buyout deal in history

eriinfo.com4 hours ago05 mins

Dado Ruvic/Reuters Videogame giant Electronic Arts will be taken private in a record-breaking US$55-billion leveraged buyout by a consortium consisting of private equity firm Silver Lake, Saudi Arabia’s Public Investment Fund and Jared Kushner’s Affinity Partners, the company said Monday. The deal for the maker of Battlefield underscores how deep-pocketed investors are betting on the…

Metrofile is set to leave JSE in buyout deal

eriinfo.com2 weeks ago05 mins

Metrofile Holdings will be acquired by a special purpose company wholly owned by Mango Holding in a cash-for-shares transaction that values the group at R3.25/share. The deal and offer price, announced to shareholders on Wednesday through the JSE’s stock exchange news service, represents a substantial premium to Metrofile’s share price before talks became public. Mango…