Trend Micro Inc shares rise as private equity firms show interest in takeover
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Trend Micro Inc shares surged on reports of private equity firms, including Bain Capital and Advent International, vying to acquire the cybersecurity firm valued at $8.5 billion.
Trend Micro Inc. shares have seen their largest increase since November 2023, following reports that multiple private equity firms are competing to acquire the $8.5 billion Japanese cybersecurity company.
Bain Capital, Advent International, and EQT AB are among the firms indicated to be interested in taking the company private. According to Reuters, citing anonymous sources, KKR may also be considering involvement in this potential acquisition.
