US private equity firm Thoma Bravo is adding Sophos Group to its cybersecurity stable, announcing a buyout deal that values the British maker of antivirus and encryption products at $3.8bn (€3.4bn).

This firm’s ambition is to be the leading provider of foreign exchange front office technology solutions globally and to have 15 of the world’s top 50 banks on their books — not bad for a four-year-old company, reports Trish Dromey

British pubs and bars group Barracuda could go up for sale in a move analysts believe would value it at around £300m (€436m), it emerged today.

A leg injury has ruled top French chaser First Gold out of the Tote Cheltenham Gold Cup.