OTPP to acquire stake in SonicWALL

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CANADA/US - An investor group including the Ontario Teachers' Pension Plan (OTPP) is set to acquire IT solutions provider SonicWALL in a US$717m deal.

The buyers are led by US private equity firm Thoma Bravo, while OTPP participated in the transaction with its private investment arm Teachers' Private Capital. Under the terms of the agreement, ...

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