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Razer says exec-led group still in talks on deal to go private

Reuters SG
·1-min read
Razer Southeast Asia headquarters at one-north. (PHOTO: Razer)
Razer Southeast Asia headquarters at one-north. (PHOTO: Razer) (Razer)

Nov 29 (Reuters) - Gaming hardware maker Razer Inc said on Monday that talks with a consortium led by its top executives and financial investors to take the Hong Kong-listed company private are still ongoing and no offer price had been determined.

Reuters had reported earlier in November that Chairman Min-Liang Tan and non-executive director Kaling Lim, who together own nearly 60% of Razer, are leading a group to offer up to HK$4 per share in a deal worth up to HK$35 billion ($4.49 billion).

($1 = 7.7996 Hong Kong dollars) (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Toby Chopra)