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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Gambling tycoon Sagi aims to take cybersecurity firm Kape private at £1.25 billion

Playtech founder and Camden Market part-owner Teddy Sagi has bid to acquire the remainder of cybersecurity business Kape Technologies (Dominic Lipinski/PA)

(Picture: PA Wire)

Playtech founder and Camden Market part-owner Teddy Sagi has bid to acquire the remainder of cybersecurity business Kape Technologies in a deal that values the entire company at £1.25 billion.

Sagi’s Unikmind Holdings will pay $3.44 (£2.85) for each share of ExpressVPN owner Kape. Unikmind already owns 54.8% of Kape.

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