Santander-Led Bank Group Stuck With Some Debt for Verint Buyout
NegativeTechnology

A consortium of banks, led by Banco Santander, is facing challenges as they must retain part of the $2.7 billion financing for Thoma Bravo's acquisition of Verint Systems. This situation highlights the complexities and risks involved in large-scale buyouts, particularly in the customer-service automation sector, and raises questions about the financial stability of the involved banks.
— Curated by the World Pulse Now AI Editorial System