
EQT Eyes $6 Billion Sale of SUSE
Private equity firm EQT AB is reportedly exploring a sale of SUSE that could value the open-source Linux pioneer at up to $6 billion, roughly doubling the valuation since EQT took the company private in 2023. Reuters reports: EQT "has hired investment bank Arma Partners to sound out a group of private equity investors for a possible sale of the company, said the sources, who requested anonymity to discuss confidential matters. The deliberations are at "an early stage and there is no certainty that EQT will proceed with "a transaction, the sources said. [...] The potential deal comes amid a broader selloff in software stocks, which has disrupted mergers and acquisitions activity. Investors ar...