Cybersecurity firm Darktrace today became the latest business to quit the London Stock Exchange after it unveiled a $5.3 billion deal to be acquired by US private equity firm Thoma Bravo.
The offer of 620p per share represents a 20% premium on yesterday’s closing share price and marks a rekindling of the firm’s relations with Thoma Bravo with whom it had previously entered into informal takeover talks in 2022, before discussions were abandoned.
