Deals
Veritas Is Considering Takeover Offer for BlackBerry
- Iconic Canadian technology company announced review in May
- BlackBerry shares surge almost 19% on potential buyer interest
BlackBerry Ltd. signage is displayed in front of the company's headquarters in Waterloo, Ontario, Canada
Photographer: Cole Burston/Bloomberg
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Private equity firm Veritas Capital is considering a potential offer for BlackBerry Ltd., according to people familiar with the matter, after the once iconic Canadian technology company announced a strategic review earlier in the year.
Veritas is interested in acquiring all of the company, the people said, asking not to be identified because the matter is private. Talks are early and Veritas could still change its mind on an offer, while other suitors are also interested in the whole or parts of BlackBerry, the people said.