Reported about 1 year ago
An investor group led by Clayton Dubilier & Rice and Permira is close to finalizing a deal to acquire French cybersecurity company Exclusive Networks SA. The private equity consortium has secured financing for the potential transaction to buy out minority shareholders, with negotiations ongoing and details subject to change. Exclusive Networks has seen a 12% increase in shares in Paris trading this year, valued at €2 billion ($2.2 billion). Permira is currently the company's largest shareholder, while representatives for CD&R and Permira declined to comment on the matter.
Source: YAHOO