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New Deal


Announced

EQT Private Equity to acquire the remaining 21% stake in SUSE for €567m.

Financials

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Transaction Value£484m
Consideration TypeCash
Capital Owned79%
Capital Bid For21%
EV/Sales-
EV/EBITDA-
Share Price Premium67%
One Off Charge-

Tags

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application delivery solutions

Germany

IT Services: Other

Acquisition

Tender Offer

Cross Border

Majority

Privatisation

Public

Private Equity

Pending

Friendly

Single Bidder

Synopsis

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EQT Private Equity offered to acquire the remaining 21% stake in SUSE, an open-source software company, for €567m. “I believe in the strategic opportunity of taking the company private – it gives us the right setting to grow the business and deliver on our strategy with the new leadership team in place. EQT Private Equity’s and SUSE’s partnership in a private setting has been fruitful before and we are excited about the long-term potential of the company and our continued collaboration,” Dirk-Peter van Leeuwen, SUSE CEO.

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