A consortium led by the founders of gaming equipment maker Razer Inc. have made an offer of up to 10.79 billion Hong Kong dollars (US$1.38 billion) to take the Hong Kong-listed company private.
Private-equity firm CVC Capital Partners is part of the consortium, Razer said Thursday in a filing to the Hong Kong bourse.
The consortium is offering HK$2.82 a share to buy all shares it doesn't currently hold, representing a 5.6% premium to the stock's last closing price. The offer is final, Razer said.
Razer, which sells gear for gamers such as keyboards and headphones and has bases in California and Singapore, was founded in 2005 and went public in 2017. Shares are up 12% this year, but remain well below their initial public offering price.