(Bloomberg) — Private equity firm Thoma Bravo agreed to buy Sophos Group Plc for $3.8 billion, potentially adding another U.K. tech firm to a list of those bought by overseas investors.Thoma Bravo offered $7.40 in cash for each share of the cybersecurity firm, or 583 pence per share, a premium of 37.1% to the closing price at the end of trading Friday, according to a statement Monday.The offer values Sophos at $3.8 billion, making it one of the largest take-private U.K. tech deals in recent years. The Sophos directors intend to recommend in favor of the deal. Shares of the …read more
Source:: Yahoo Finance
