Why Koch Is Buying the Rest of Infor
February 12, 2020 Alex Woodie
Koch Equity Development last week announced that it has bought the remaining shares of Infor that it didn’t previously own. The move puts Koch Industries in charge of the world’s third largest ERP software company, and the IBM i market’s biggest vendor. But what, exactly, drove the $110-billion industrial conglomerate into making such an investment is the subject of some speculation.
Infor, which has been flirting with an IPO for years, appeared to be on the fast-track for a Wall Street listing in January 2019, when it raised $1.5 billion in what, ostensibly, would be the last private equity …
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