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Schroder UK Public Private Trust ( (GB:INOV) ) has provided an announcement.
Schroders Capital Global Innovation Trust plc has announced the acquisition of its portfolio company, Securiti AI, by Veeam Software for $1.725 billion. This transaction is expected to positively impact the company’s net asset value, reflecting a significant increase in the value of Securiti AI. The acquisition highlights Securiti’s leadership in the data security and AI governance market and is anticipated to generate substantial proceeds for shareholders as part of the managed wind-down process.
More about Schroder UK Public Private Trust
YTD Price Performance: 33.41%
Average Trading Volume: 2,004,490
Technical Sentiment Signal: Buy
For an in-depth examination of INOV stock, go to TipRanks’ Overview page.