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Sun Corp in talks to sell stake in Israel's Cellebrite

Reuters

JERUSALEM, Dec 26 () - Japan'sSun Corp is looking to sell up to 50 percent of Israeli digital intelligence provider Cellebrite at a valuation of $400 million, an Israeli financial newspaper said on Wednesday.

Sun Corpvalues the fully-owned affiliate, which specializes in forensics and extraction of data from mobile devices, at $400 million, The Calcalist newspaper said.

Sun Corp was in talks with a number of potential buyers, including Australia'sMacquarie Group and U.S. private equity firm KKR , it said.


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