Tuesday, 02 January 2024 12:17 GMT

Cerberus fund interested in BlackBerry bid


(MENAFN- AFP) The private equity firm Cerberus has expressed interest in a bid for troubled Canadian smartphone maker BlackBerry, a source familiar with the matter said Wednesday.

The source indicated that the big investment group was preparing to sign a confidentiality agreement to examine BlackBerry's finances for a possible counter-offer to a $4.7 billion buyout plan agreed last month.



AFP

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