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United States Dell announced that after five years, it will again be a public stock of the company to trade on the stock market. This was the case for the last time in 2013, when Dell disappeared from the stock market after an agreement with the founder and with the investor Silver Lake.
Dell writes that he will now trade public shares for ordinary shares. , traded on the New York Stock Exchange. This tracking stock was delivered to EMC shareholders and represented the value of EMC's 81% stake in VMWare virtualization company. Dell finalized the acquisition of EMC in 2016.
According to Bloomberg, follow-up actions facilitated the conclusion of the EMC agreement. Holders of these shares now have the choice of acquiring Dell's new public shares or selling their existing shares at a price of $ 109. Dell expects that these shareholders will have about 20 to 31% of the company after the conclusion of the transaction. The measure must help Dell get rid of the debt; According to the financial news agency, there is currently $ 52.7 billion.
Michael Dell, who currently holds 72% of Dell shares, remains on the CEO. In the run-up to the current decision, Dell examined various scenarios, including a takeover or reverse listing by its subsidiary VMWare. Dell then responded to rumors circulating by stating that it was studying various options, including an IPO or a combination with VMWare.
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