Cybersecurity firm Darktrace confirms preliminary approach from Thoma Bravo

61

A padlock icon, indicating an encrypted Internet connection, is seen on the Internet Explorer browser in a photo illustration in Paris April 15, 2014. REUTERS/Mal Langsdon/

Register now for FREE unlimited access to Reuters.com

Register

Aug 15 (Reuters) – British cyber security company Darktrace Plc ( DARK.L ) said on Monday it was in early stages of talks with technology investment firm Thoma Bravo about a possible cash offer.

Darktrace said talks were at a preliminary stage and there could be no certainty about the offer or its terms.

Under the city’s Takeovers and Mergers Code, Thoma Bravo has until Sept. 12 to announce a firm intention to make an offer or say it will leave.

Thoma Bravo declined to comment.

Register now for FREE unlimited access to Reuters.com

Register

Reporting by Rachna Dhanrajani in Bengaluru Editing by Matthew Lewis and Rosalba O’Brien

Our Standards: The Thomson Reuters Trust Principles.

Comments are closed.