SoundCloud to sell stakes to PE firms: Bloomberg

SoundCloud is near separate deals to sell stakes in the company to two private equity firms, Bloomberg is reporting. The two firms would own a combined majority of the music-streaming service, the story said. The names of the firms were not disclosed nor the size of the transactions, Bloomberg said.

Source: https://www.pehub.com/2017/07/soundcloud-to-sell-stakes-to-pe-firms-bloomberg/

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