Dell to return to stock market in buy-out of VMware tracking stock

Monday 2 July 2018 | 13:06 CET | News
Dell Technologies is returning to the stock market, in a deal to take over the listing of its tracking stock set up to hold its investment in VMware. Following a strategic review, the company decided against launching a full takeover of VMware, but the elimination of the tracking stock will give it more direct control over VMware.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: IT
Companies: Dell Technologies / VMware
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Dell completes buy-out, lists shares on NYSE

Published 31 Dec 2018 09:57 CET | United States
To relist its shares, Dell, staged a USD 24 billion cash-and-equity deal, buying stock back from shareholders. The shares closed ...

Dell to start trading on Nasdaq after buy-out approval

Published 12 Dec 2018 09:51 CET | World
Dell Technologies said it has received the green light it needed from shareholders for its Class C shares to start trading on the ...

Dell Technologies sweetens buy-out deal after shareholder pressure

Published 15 Nov 2018 14:02 CET | World
Dell Technologies has agreed to improve its buy-out offer after pressure from shareholders. The company raised the amount of cash ...

Icahn prepares challenge to Dell plan to go public

Published 16 Oct 2018 12:47 CET | World
The activist investor Carl Icahn is preparing to challenge Dell Technologies' plan to take the company public again, the Wall ...

Dell consulting banks over IPO option - report

Published 24 Sep 2018 15:32 CET | World
Dell Technologies is once again considering a possible initial public offering (IPO) as a backup if its plan to acquire ...

Dell confirms studying possible IPO, VMware takeover

Published 02 Feb 2018 20:42 CET | World
Dell Technologies confirmed it's considering a possible IPO or acquisition of the rest of VMware. The company made the statement ...