Digital security firm Kape gets buyout offer from largest shareholder Sagi

Kape Technologies

13/02/2023 07:19

Feb 13 (Reuters) - Teddy Sagi, the largest shareholder
of Britain's Kape  KAPE.L , said on Monday he would make a cash
offer to buy the digital security and privacy software business
for about $1.51 billion.
    Sagi, who owns 54.8% of Kape's stock, intends to buy the
group's remaining shares in an offer valuing the group at $3.44
per share.
 (Reporting by Muhammed Husain in Bengaluru)
 ((Muhammed.Husain@thomsonreuters.com;))