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Ares exploring buyout of Form Technologies, Bloomberg reports

Ares Management (ARES) is exploring a potential buyout of Form Technologies, Reshmi Basu and Carmen Arroyo of Bloomberg report, citing people familiar with the matter. Ares is considering financing the deal through a combination of preferred equity and common shares and is seeking a co-investor to participate in the equity portion, sources told Bloomberg. Jefferies Financial Group (JEF) has also been sounding out investors about a debt package to help fund a buyout of Form, the people added.

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