Exclusive Networks jumps on advanced buyout talks with CD&R, Permira

Exclusive Networks SAS

09/07/2024 08:31

** Shares in Exclusive Networks  EXN.PA  jump 6.9% to 23.30
euros at 0711 GMT, after it confirmed advanced buyout talks with
a group of investors led by Clayton Dubilier & Rice and Permira
    ** The French cybersecurity firm says it received a
non-binding offer at 24 euros per share, confirming an earlier
report from Bloomberg 
    ** The stock is on track for its best day since mid-March if
gains hold 

 (Reporting by Dagmarah Mackos)
 ((dagmarah.mackos@tr.com))