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What: Shares of AsiaInfo-Linkage
So what: The company had received a buyout offer in January from a subsidiary of CITIC Capital China Partners and also saw similar private equity buyout speculation the following month in February, according to Reuters. The speculation is back, with Reuters again saying that private-equity funds have expressed interest in acquiring the company.
Now what: Potential suitors include Silverlake, TPG Capital, and Primavera Capital, and the possible deal supposedly values AsiaInfo at more than $1 billion. The company had previously tapped Goldman Sachs as an advisor and began scouting for other offers in March. Other bidders are now throwing their hats in the ring, and all offers are due near the end of the month.
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AsiaInfo-Linkage Agrees to Be Acquired for $890 Million
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Just the facts, Fool.
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