Informatica to go private in $5.3 billion leveraged buyout

April 7, 2015 admin audrey-mbugua, chairman, chairman-john, devika-krishna, private-equity, satya-nadella, the-biggest, year

By Devika Krishna Kumar and Greg Roumeliotis (Reuters) – Business software maker Informatica Corp said it would be bought for about $5.3 billion by private equity firms Permira Funds and Canada Pension Plan Investment Board (CPPIB), in the biggest U.S. leveraged buyout so far this year.

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Informatica to go private in $5.3 billion leveraged buyout