Tag: ExpressVPN
Digital security firm Kape’s top shareholder makes $1.5 billion buyout offer
February 13, 2023SSN Staff
LONDON – Kape, the digital security and privacy software firm that owns ExpressVPN has received a buyout offer from its top shareholder.
Teddy Sagi, founder of gambling software Playtech owns 54.8% of the companies stock and announced he intends to pick up the remaining shares at 258 pence each ($3.44 per share) which is 9.7% higher than it’s previous closing price on February 10.
"Having weighed the pros and cons of a public listing under the current macro uncertainties...