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Cybersecurity firm Darktrace confirms preliminary approach from Thoma Bravo

Mon, 15th Aug 2022 19:42

Aug 15 (Reuters) - British cybersecurity firm Darktrace Plc said on Monday it was in the early stages of discussions with tech investment firm Thoma Bravo regarding a possible cash offer.

Darktrace said the discussions were in a preliminary stage and there can be no certainty that any offer will be made or on any possible terms.

As per the City Code on Takeovers and Mergers, Thoma Bravo has until Sept. 12 to announce a firm intention to make an offer or say it will walk away.

Thoma Bravo did not immediately respond to a request for comment. (Reporting by Rachna Dhanrajani in Bengaluru Editing by Matthew Lewis)

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