financetom
Business
financetom
/
Business
/
Market Chatter: Dell Technologies Trying to Find Buyer for SecureWorks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Dell Technologies Trying to Find Buyer for SecureWorks
Aug 31, 2024 9:45 AM

04:45 AM EDT, 08/30/2024 (MT Newswires) -- Dell Technologies ( DELL ) is trying to sell SecureWorks ( SCWX ) again following earlier failed attempts, Reuters reported Thursday, citing people familiar with the matter.

The computer maker has engaged investment bankers at Morgan Stanley and Piper Sandler to explore takeover interest from potential buyers including private equity firms, the sources told Reuters.

Dell acquired SecureWorks ( SCWX ) for $612 million in 2011 before publicly listing its shares in 2016. Dell currently owns 79.2% of the company, Reuters reported, citing recent filings.

SecureWorks ( SCWX ) declined to comment, while Dell did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 114.40, Change: +3.66, Percent Change: +3.30

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Canadian First Nation blockades disrupt Obsidian Energy's operations in Peace River
Canadian First Nation blockades disrupt Obsidian Energy's operations in Peace River
May 15, 2024
May 15 (Reuters) - Oil and gas producer Obsidian Energy ( OBE ) said on Wednesday that blockades by Canada's Woodland Cree First Nation forced it to shut in production at two of its sites amid an ongoing dispute with the Indigenous community. The company said that the first blockade took place near its Walrus field asset on May 5,...
Bowman Consulting Group Wins Contract in Arizona
Bowman Consulting Group Wins Contract in Arizona
May 15, 2024
02:03 PM EDT, 05/15/2024 (MT Newswires) -- Bowman Consulting Group ( BWMN ) said Wednesday that the Arizona Department of Transportation has chosen it to provide engineering and oversight services for the construction of pedestrian and bicycle grade separation at the Tempe campus of Arizona State University. The company said it will lead the project in cooperation with Jacobs and...
Fusion Fuel Green Receives Nasdaq Notice for Not Meeting Shareholders' Equity Requirement
Fusion Fuel Green Receives Nasdaq Notice for Not Meeting Shareholders' Equity Requirement
May 15, 2024
02:00 PM EDT, 05/15/2024 (MT Newswires) -- Fusion Fuel Green ( HTOO ) said Wednesday it received a deficiency notice from Nasdaq for not meeting the required minimum $10 million shareholders' equity under the exchange's listing rules. The company reported about $3 million in shareholders' equity for the fiscal year ended Dec. 31. Fusion Fuel said it intends to submit...
Explainer-Austria's Raiffeisen faces US wrath over Russian business
Explainer-Austria's Raiffeisen faces US wrath over Russian business
May 15, 2024
LONDON/FRANKFURT (Reuters) - The U.S. Treasury has warned Austria's Raiffeisen Bank International (RBI) that its access to the U.S. financial system could be restricted because of its Russian dealings, according to a person who has seen a letter detailing the threat. The May 6 letter is the strongest warning yet to the biggest Western bank in Russia and follows months...
Copyright 2023-2026 - www.financetom.com All Rights Reserved