02:35 PM EDT, 10/11/2024 (MT Newswires) -- JFrog ( FROG ) has drawn takeover interest from potential buyers, Bloomberg said Friday, citing people with knowledge of the matter.

Interested parties include Permira and Hellman & Friedman, but considerations may not lead to a deal, the people reportedly said.

JFrog ( FROG ) told Bloomberg that it is not currently in discussions with any private equity or financial adviser on M&A deals. The company further declined to comment to the news outlet.

Permira declined MT Newswires' request for comment, while JFrog ( FROG ) and Hellman & Friedman did not immediately respond.

JFrog ( FROG ) shares were up over 4% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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