💨 Abstract

Private equity firms Bain Capital, Advent International, EQT AB, and KKR are reportedly competing to acquire Japanese cybersecurity firm Trend Micro, which has a market value of 1.32 trillion yen ($8.54 billion). The firms are interested in taking the company private, and a successful acquisition would rank as one of the biggest leveraged buyouts in recent months. Trend Micro has been exploring a sale since last year and has large U.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖