Multiple PE Firms May Line Up for Blackberry – Reuters

As it considers going private, Waterloo, Ontario-based smartphone maker BlackBerry Ltd. is expected to draw interest from technology companies, buyout firms and Canadian pension funds, reports Reuters. Sources “familiar with the situation” say some of the world’s largest private equity firms, including Bain Capital, Carlyle Group and Kohlberg Kravis Roberts, may look at Blackberry if a sales process is launched. Leo De Bever, head of Alberta Investment Management Corp., said some of Canada’s largest pension funds, including his own, may also consider potential deals. The fate of the company may nonetheless “rest in the hands” of its largest shareholder, Fairfax Financial Holdings Ltd., writes Reuters.

 For more information about BlackBerry Ltd., please visit the company’s website.

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