Re:SUSE to Go Private
by est31 on Thursday August 17, 2023 @07:17PM
(#37169574)
It's the same PE firm which owned SUSE before, orchestrated the IPO, and now, still a majority shareholder, buys the minority shares back.
If you bought in at any time between the IPO and May of this year, you'd be in for losses, so it's certainly not been an unprofitable move for them. But it's not the classical "foreign vulture PE comes in and destroys everything" situation here that people seem to be afraid of.
If you bought in at any time between the IPO and May of this year, you'd be in for losses, so it's certainly not been an unprofitable move for them. But it's not the classical "foreign vulture PE comes in and destroys everything" situation here that people seem to be afraid of.