(Reuters) – Private equity firm Thoma Bravo has agreed to buy British cybersecurity firm Darktrace for about $5.32 billion in cash, the companies said on Friday.
The agreed price of $7.75, or around 620 pence per share represents a 44% premium to Darktrace’s average share price in the three months to Thursday Thoma Bravo said.
Shares in the company jumped 16% after the announcement to 601 pence.
(Reporting by Yadarisa Shabong in Bengaluru and Paul Sandle in London; Editing by Mrigank Dhaniwala)
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