Informatica to go private in US$5.3b leveraged buyout
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London
BUSINESS software maker Informatica Corp said it would be bought for about US$5.3 billion by private equity firms Permira Funds and Canada Pension Plan Investment Board (CPPIB), in the biggest US leveraged buyout so far this year.
Informatica shareholders will get US$48.75 per share in cash. The company's shares rose 4.5 per cent to US$47.93 in early trading on Tuesday.
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