Could Sovereign Wealth Funds Back Possible Salesforce Takeover?

Salesforce.com Screenshot - April 30, 2015

Salesforce.com Screenshot – April 30, 2015

Cloud software giant Salesforce.com Inc. is working with financial advisers to assist in fielding takeover offers. According to Bloomberg, the company was approached by a potential acquirer. After news of a potential takeover, Salesforce’s market value jumped, giving the cloud business a market value of US$ 49 billion. Yesterday afternoon, sales for Salesforce.com stock was temporarily halted yesterday after shares popped 12%.

In some cases, a sovereign wealth fund like GIC or large pension could grease the deal, providing financial firepower.

Sovereign Wealth Fund / Public Investor Help

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute
 
institutional investor investment mandates