Private equity group Hg has agreed to
acquire AuditBoard in a deal valued at more than $3 billion, the
auditing and risk management software provider said on Thursday. London-listed.
HgCapital Trust PLC on Thursday said its manager has struck a deal worth over USD3 billion to acquire AuditBoard, an audit and compliance-focused risk platform.
HgCapital Trust itself will invest.
London stocks fell in early trade on Tuesday as investors mulled the latest comments from US Federal Reserve officials and looked ahead to more speeches later in the day.