Michael Dell, Silver Lake To Retain Controlling VMware Stake

First one will own 42% of VMware, second 11% if spinoff completed.

By Jean Jacques Maleval | July 22, 2020 at 2:18 pm

To read this article from CRN, click on:
Michael Dell, Silver Lake To Retain Controlling VMware Stake: Sources
Under a Dell Technologies proposal to spin off its stake in VMware, Dell Technologies CEO and VMware Chairman Michael Dell and his private equity partner Silver Lake will retain approximately 53%t majority stake in VMware, sources told CRN. If the spin-off is completed, Michael Dell will own approximately 42% of VMware, while Silver Lake will hold about 11%, sources said.