Global buyout firms Silver Lake and TPG are understood to have recently engaged in talks with Dell about taking the US technology giant private, as the company grapples with finding a new path following the end of the personal computer boom.
The firms could partner for a bid with co-investment from pension funds, The Wall Street Journal reported this morning, citing unnamed people familiar with the matter.
The talks are understood to have been going on for the last two to three months, the report said, adding that JP Morgan Chase is involved in the deal process.
Several banks have been approached about providing deal financing, the report added.
Dell had a market capitalisation of about $19bn before shares soared 13 per cent on Monday following news of the buyout talks, which were first reported yesterday evening by Bloomberg.
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