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416 Darktrace agrees takeover by US private equity firm Thoma Bravo

UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 04/26/2024 05:42 EDT

Darktrace agrees takeover by US private equity firm Thoma Bravo

London-listed cybersecurity giant Darktrace has agreed a deal to be acquired by US private equity firm Thoma Bravo at a valuation of $5.3bn (£4.2bn). The 620p-a-share cash offer, which the board has recommended to shareholders, is a 20% premium to the company’s closing price of 517p. The announcement caused a surge of around 20% in ...

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