Zendesk is to be acquired by an investor group led by leading global investment firms Permira and Hellman & Friedman (H&F) in an all-cash transaction that values Zendesk at approximately $10.2 billion.
Under the terms of this agreement, Zendesk shareholders will receive $77.50 per share. The offer represents a premium of approximately 34% over Zendesk’s closing stock price on 23 June, 2022, the last full trading day prior to this announcement.
Read more: Private Equity Wire
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.