
CVC backs take-private of Hong Kong-listed Razer

CVC Capital Partners is supporting a proposed founder-led privatization of Hong Kong-listed gaming hardware and software provider Razer that values the business at HK$24.7 billion ($3.17 billion).
Min-Liang Tan, the company’s co-founder and CEO, and Kaling Lim, a founding investor and non-executive director, together hold a 57.8% stake, which they would roll over into the acquisition vehicle....
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