Cybersecurity
EQT Sells Cybersecurity Firm Utimaco to SGT in $500 Million Deal
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EQT AB has agreed to sell a majority stake in cybersecurity company Utimaco to private equity firm SGT Capital.
The transaction is expected to close in the fourth quarter, subject to regulatory approvals, SGT Capital said in a statement. It didn’t disclose financial details. The deal is valued at about $500 million, a person with knowledge of the matter said, asking not to be identified because the information is private.