Dell buyout talks see its shares surge

Dell is in buyout talks with private equity firms, according to sources.

The company’s shares surged on foot of the news. The company is discussing going private with at least two firms, one of the sources said.

Several large banks have been contacted about financing an offer, one of the sources said. The computer maker had a market value of $18.9bn (€14.13bn) as of Jan 11.