billion

Cybersecurity agency Darktrace offered to Thoma Bravo for $5.3 billion

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U.S.-based personal fairness agency Thoma Bravo bought British firm Darktrace for $5.32 billion on Friday, based on reviews. The all-cash acquisition comes a day after one other cybersecurity agency, Rubrik, went public in an preliminary public providing that some specialists stated might be a turning level for a battered tech business. Effectively-known corporations similar to … Read more

Weekend studying: Is {that a} billion pound bazooka in your pocket, Scottish Mortgage?

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What caught my eye this week. The UK’s largest funding belief Scottish Mortgage ​introduced​ a £1bn share buyback plan on Friday. (Disclosure: I personal some). Appropriately sufficient, it’s the most important buyback ever undertaken by a belief. Significant even set in opposition to Scottish Mortgage’s £11bn-plus market cap. Merchants appear to suppose measurement issues. Scottish … Read more