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Silver Lake and Saudi Sovereign Wealth Fund Discuss Unity Software Acquisition

The Motley Fool +1 · ·by G4L

U
U Unity Software Inc
$49.65 -1.37%
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  1. 1Silver Lake and the Saudi Arabian sovereign wealth fund held discussions regarding the acquisition of Unity Software.
  2. 2The initial acquisition valuation for Unity Software was reportedly $25 billion, or approximately $55 per share.
  3. 3CoreWeave rose more than 10% in premarket trading.

So what's the key point?

Silver Lake and the Saudi sovereign wealth fund held talks to purchase Unity Software. Following this news, CoreWeave shares rose more than 10% before the market opened.

Source The Motley Fool +1 · View original ↗

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