Colombia stock exchange sold its Sophos technology business to Advent for $35 mn

The Board of Directors of the Colombian Stock Exchange (BVC) authorized the operation to sell the totality of its shareholding (51%) within Sophos Solutions. Advent International will pay $35 million. The main objective of the sale of the Sophos business is to enhance the liquidity of the market that is the “core” of its business, as well as accelerate the digital transformation and support the possibility of regional integration with the Chilean and Peruvian stock exchanges.

Source: Valora Analitik