Silver Lake nears $15 billion financing for Dell buyout: report

Wed Jan 16, 2013 9:33pm EST

A company logo of Dell is seen on the cover of its laptop at a Dell outlet in Hong Kong October October 21, 2009. REUTERS/Bobby Yip

A company logo of Dell is seen on the cover of its laptop at a Dell outlet in Hong Kong October October 21, 2009.

Credit: Reuters/Bobby Yip

Related Topics

(Reuters) - Private equity group Silver Lake Partners is close to arranging about $15 billion in financing for a buyout of Dell Inc DELL.O, Bloomberg reported, citing people familiar with the matter.

Talks to take Dell Inc DELL.O private are at an advanced stage with at least four major banks lined up to provide financing, two sources with knowledge of the matter earlier told Reuters.

Silver Lake could not immediately be reached for comment by Reuters outside of regular U.S. business hours. (link.reuters.com/hup35t)

(Reporting by Sakthi Prasad in Bangalore; Editing by Richard Pullin)

FILED UNDER:
A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article