BUZZ-Informatica Corp: Agrees to be taken private for $5.3 bln

Tue Apr 7, 2015 8:17am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

** Enterprise software company's shares up 5 pct at $48.20

** Company agrees to be taken private by consortium comprising Permira Advisers Ltd and Canada Pension Plan Investment Board for about $5.3 bln

** Informatica shareholders will get $48.75 in cash per share

** The deal is the largest leveraged buyout so far this year

** Up to Monday's close, Informatica's stock had risen 20 pct this year