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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

KKR Dark Aggregator to sell 2.5% stake in Darktrace in placing

(Sharecast News) - Jefferies said on Thursday that KKR Dark Aggregator plans to sell a stake of around 2.5% in cybersecurity firm Darktrace in a placing to institutional investors. The price per share will be determined through an accelerated bookbuild process.

"A further announcement will be made following the completion of the bookbuild and pricing of the placing," Jefferies said.

Darktrace is not a party to the placing and will not receive any proceeds.

Jefferies and Berenberg are acting as joint global co-ordinators and joint bookrunners on the placing.

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