Could Sovereign Wealth Funds Back Possible Salesforce Takeover? Screenshot - April 30, 2015 Screenshot – April 30, 2015

Cloud software giant 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 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.

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