Deal Snapshot
ELLIOTT MANAGEMENT, QATAR INVESTMENT AUTHORITY CLOSE USD 1.6BN ACQUISITION OF TRAFFIC VISIBILITY SOLUTIONS PROVIDER GIGAMON
Tuesday 02 January 2018

US-based private investment firm Elliott Management and the sovereign wealth fund Qatar Investment Authority have closed their USD 1.6bn acquisition of US-based traffic visibility solutions provider Gigamon Inc. (NYSE: GIMO), Elliott said.
Elliott's investment is being led by its private equity affiliate, Evergreen Coast Capital. The acquisition, valued at approximately USD 1.6bn, was approved by Gigamon shareholders on December 22, 2017. As a result of the completion of the transaction, shareholders will receive USD 38.50 per share in cash and Gigamon common stock will no longer be listed for trading on the NYSE.


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Details
Date Published: 02/01/2018
Target: Gigamon Inc
Country: USA
Deal Size: 1.6bn (USD)
Sector: Road Transport/Freight Transport
Type: LBO
Financing: Cash
Status: Closed
Vendor:
Buyer: Elliott Management
Buyer Advisor: Jefferies LLC , Gibson, Dunn and Crutcher , Bank of America Merrill Lynch , Macquarie Capital
Comment:


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