Tech Data's shares spike on rumoured $5bn takeover approach

Doug Woodburn
clock
Tech Data's shares spike on rumoured $5bn takeover approach

Apollo Global wants to buy global distributor after talks with Ingram came to nothing, according to Reuters report

Tech Data's shares have spiked following a report that it is the subject of a near $5bn takeover approach. According to a report today by Reuters, private equity firm Apollo Global Management is offering...

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