Microsoft, Salesforce eye Darwinbox buyout ahead of planned IPO- Mint
Investing.com -- Darwinbox is fielding acquisition interest from Microsoft, Salesforce, and ADP as the Indian Human Resources software developer prepares for a potential public listing in the next couple of years, the Mint reported on Tuesday. The KKR-backed HR and payroll firm is currently valued at roughly $1.8 billion to $2.0 billion, the Mint reported, citing three sources familiar with the matter.
Reported by 1 outlet — Investing.com · Stock Market. See all sources ↓
Investing.com -- Darwinbox is fielding acquisition interest from Microsoft, Salesforce, and ADP as the Indian Human Resources software developer prepares for a potential public listing in the next couple of years, the Mint reported on Tuesday. The KKR-backed HR and payroll firm is currently valued at roughly $1.8 billion to $2.0 billion, the Mint reported, citing three sources familiar with the matter. Existing investors Salesforce and Microsoft, along with U.S.-based HR and payroll provider ADP, have approached Darwinbox’s founders and board about buying out other shareholders, the report said. The company is moving forward with plans for an initial public offering while considering the acquisition proposals.
Read the full report at Investing.com · Stock Market ↗
Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- Investing.com -- Darwinbox is fielding acquisition interest from Microsoft, Salesforce, and ADP as the Indian Human Resources software developer prepares for a potential public listing in the next couple of years, the Mint reported on Tuesday. The KKR-backed HR and payroll firm is currently valued at roughly $1.8 billion to $2.0 billion, the Mint reported, citing three sources familiar with the matter.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 1m ago.
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
- Coverage card1 outlet1CoverageScouting report
Microsoft, Salesforce eye Darwinbox buyout ahead of planned IPO- Mint
Sources1TypeCoverageInvesting.com · Stock Market