Equities

Reuters exclusively reports Telecom equipment provider Avaya considers leveraged buyout

Reuters exclusively reports Telecom equipment provider Avaya considers leveraged buyout

Reuters exclusively revealed that telecommunications equipment and software vendor Avaya Holdings Corp is considering a leveraged buyout offer from a private equity firm that values it at more than $5 billion, including debt, according to sources familiar with the matter. The acquisition offer comes 15 months after Avaya emerged from bankruptcy protection, the legacy of a previous leveraged buyout, its $8.3 billion sale to private equity firms TPG Capital and Silver Lake in 2007.


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