102 In a deal valued at $8 billion, Coupa Software Inc said on Monday that the company has consented to be taken private by buyout group Thoma Bravo. After falling more than 60% so far this year, Coupa’s shares rose 27% in response to news of the purchase. A subsidiary of the sovereign wealth fund Abu Dhabi Investment Authority has made a minority investment in the all-cash transaction. Thoma Bravo has accomplished many deals this year, along with the acquisition of Coupa Software, Anaplan, Ping Identity, ForgeRock, and Sailpoint Technologies. You Might Be Interested In Evergrande shares halted as pressure mounts on firm Significant Strategic Move by United Airlines Impacting Passengers Rogers and Shaw’s $14 billion merger gets the green light from Canada’s competition tribunal Final reflections are out on the LIBOR transition from the Financial Stability Board WTO Cuts 2023 Global Trade Growth Forecast to 0.8% Air India close to finalise deal of 50 Boeing 737 MAX planes for Air India Express
