Zuora rises
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 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,
Zuora Stock Pops on Deal To Sell to PE Firm Silver Lake
Zuora stock jumped Thursday after announcing it will be acquired by private equity firm Silver Lake in a deal valued at $1.7 billion.
Silver Lake and GIC to acquire Zuora for $1.7bn
Under the terms of the agreement, Silver Lake and GIC will acquire all outstanding shares of Zuora at $10.00 per share in cash. This purchase price represents an 18% premium over Zuora's closing stock price on 16 April 2024, and a 20% premium on the company's enterprise value.
Zuora to be acquired by Silverlake and GIC in $1.7B cash deal
Cloud subscription services company Zuora Inc. has announced that it has entered a definitive agreement to be acquired by private equity Silver Lake and an affiliate of Singapore’s sovereign wealth fund GIC Pte. Ltd. in a transaction 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 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,
Billing software firm Zuora to go private in $1.7 bln deal with Silver Lake, GIC
Zuora: The company, founded in 2007, offers billing software and other subscription management tools to enterprise customers, which include cloud computing firm Nutanix and Siemens Healthineers.
Zuora to Be Taken Private by Silver Lake, GIC in $1.7 Billion Deal
Zuora (ZUO) said Thursday that it agreed to be acquired and taken private by investment firm Silver Lake in partnership with an affiliate of GIC in a deal valued at about $1.7 billion. Shareholders of the subscription management software company will receive $10 per share in cash,
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Subscription management firm Zuora agrees to be acquired for $1.7B
Zuora, a company selling subscription management software for businesses, has agreed to be acquired by private equity firms ...
Business Wire8h
ZUO Investors Have the Opportunity to Join Investigation of Zuora, Inc. with the Schall Law Firm
LOS ANGELES-- ( BUSINESS WIRE )-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Zuora, Inc. (“Zuora” or “the ...
The Globe and Mail13h
Zuora (ZUO) Shares Skyrocket, What You Need To Know
Shares of subscription management platform Zuora (NYSE:ZUO) jumped 5.9% in the morning session after the company announced ...
Zuora (ZUO) Receives a Buy from Lake Street
Lake Street analyst Jacob Stephan maintained a Buy rating on Zuora (ZUO – Research Report) today and set a price target of $13.00. The ...