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Software rout exacerbates buyout exit crunch

Software rout exacerbates buyout exit crunch

Hg-backed Visma is delaying its IPO until at least 2027, as the AI-driven selloff depresses tech valuations. It follows similar moves by Blackstone. Private equity groups that spent over $220 bln on a now-embattled sector will find it harder to return cash to investors.

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