Darktrace agrees £4.3B sale to US investor in blow to UK stock market
Shareholders will have to approve the takeover before its rubber-stamped. The deal would end a turbulent spell on the Londons Stock Exchange (LSE) for Darktrace. Founded in 2013, the Cambridge-based company has pioneered the use of AI for threat detection and prevention. But the business has attracted severe criticism from investors. Darktraces market impact 40% off TNW Conference! Investment bank Peel Hunt also questioned the companys culture. Darktrace stock has also been affected by concerns about co-founder Mike Lynch....