News Formal

HPE wants investors to buy shares to help finance $14B Juniper Networks acquisition

  • 📰 TheRegister
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 61%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

27 million Series C Preferred Stock due out on Friday 13

Hewlett Packard Enterprise is turning to investors to help raise upward of $1 billion to fund its expensive purchase of networking rival Juniper.

"The proceeds from the Offering will be approximately $1.32 billion after deducting the underwriting discount but before expenses," said the server and storage maker. The stock offer is scheduled to be"consummated" on or around September 13 – a Friday, so unlucky for some. And of course it is subject to customary closing conditions.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 67. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

HPE to pursue $4B claim against estate of Mike Lynch over Autonomy acquisitionDespite mogul's US acquittal and recent death, IT giant will follow UK fraud case to its 'conclusion'
Källa: TheRegister - 🏆 67. / 61 Läs mer »