REUTERS -Private-equity firms KKR & Co and Clayton Dubilier & Rice LLC are nearing a deal to take Cloudera Inc private at a valuation of US$4.7 billion, Bloomberg News reported https://bloom.bg/3vDLa5Z on Monday, citing a person familiar with the matter.
The private-equity giants are likely to finalise a deal on Tuesday to acquire the software firm at US$16 a share, or about a 24per cent premium to its previous close, according to the report.Cloudera - which has activist investor Carl Icahn as its largest shareholder - has explored a sale since mid-2020 after receiving takeover interest, the report said.KKR and Cloudera did not immediately respond to Reuters' requests for comment.
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