Dell $67 billion acquisition of EMC

Overview:

• Dell has acquired EMC in a transaction worth $67 billion.
• This is considered to be the largest acquisition in the technology sector to date. 
• Financing for the acquisition included a $20 billion bond by Dell subsidiaries, $3.25 billion senior note offers by Dell subsidiaries and $23.76 billion in credit facilities. 
• Morgan Stanley acted as financial adviser to EMC. 
• JP Morgan acted as financial adviser to Dell.
• Credit Suisse and JP Morgan acted as global financing coordinators. 
• Barclays, BofA Merrill Lynch, Citi, Credit Suisse, Deutsche Bank Securities, Goldman Sachs affiliates, JP Morgan and RBC Capital Markets provided debt financing.

Rani Mehta - Journalist