Kape receives $1.5bn proposal to go private

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The general public father or mother firm of ExpressVPN, Private Internet Access and CyberGhost could quickly be a personal entity – owned outright by its present majority shareholder, Unikmind.

The entity, owned by billionaire businessman Teddy Sagi, has proposed to buy all of the shares of Kape Applied sciences which it doesn’t have in hand and take the corporate personal. This supply, pricing Kape at a premium of simply over $1.5 billion, comes a 12 months after the acquisition of industry heavyweight ExpressVPN (opens in new tab) for $936 million.

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