Cybersecurity
Trend Micro Exploring Sale Amid Buyer Interest, Reuters Says
This article is for subscribers only.
Trend Micro Inc., the Japanese cybersecurity company, is exploring a sale after it attracted interest from potential buyers, Reuters reported.
Deal deliberations began as Trend Micro’s shares declined and the yen weakened, making the company more attractive, Reuters said, citing people with knowledge of the talks who it didn’t identify. Potential bidders include private equity firms, and the Tokyo-based company is working with advisers to solicit interest, Reuters said.