U.S. Officials Pressure Russia-Linked Buyout Firm to Sell Stake in Cybersecurity Company - News Summed Up

U.S. Officials Pressure Russia-Linked Buyout Firm to Sell Stake in Cybersecurity Company


U.S. national security officials told a private-equity firm partly backed by a Russian billionaire named in the Steele dossier to sell its stake in Cofense Inc., a cybersecurity firm used by major corporations, according to people familiar with the matter. Pamplona Capital Management, a multinational firm that has raised money from investors including Mikhail Fridman, is selling its stake in Cofense after the Committee on Foreign Investment in the U.S. raised national-security concerns associated with foreign investors and...


Source: Wall Street Journal April 10, 2019 19:45 UTC



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