Telecom equipment provider Avaya considers leveraged buyout: Sources

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NEW YORK: Telecommunications equipment and software vendor Avaya Holdings is considering a leveraged buyout offer from a private equity firm that ...

NEW YORK: Telecommunications equipment and software vendor Avaya Holdings is considering a leveraged buyout offer from a private equity firm that values it at more than US$5 billion, including debt, people familiar with the matter said on Sunday .

The identity of the private equity firm making the offer could not immediately be learned. Avaya has attracted acquisition interest from private equity firms over the last few months, and there is no certainty the latest offer will result in a deal, the sources said.

 

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