Darktrace Headed for FTSE 100 Return as Ocado Nears Exit (1)

Darktrace Plcis on track to rejoin the UK’s blue-chip equity index after a takeover bid spurred a rally in shares of the cybersecurity firm.

The company, which last month agreed to sell itself to private equity firm Thoma Bravo, is set for promotion to the FTSE 100 alongside homebuilder Vistry Group Plc, index compiler FTSE Russell said in a statement announcing indicative results of the latest quarterly rebalancing.

Online grocer Ocado Group Plc and wealth manager St. James’s Place Plc are headed for demotion to the midcap FTSE 250 Index after steep share price declines this year. ...