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Informatica announces offering of 16M shares of common stock for holders

Informatica announces offering of 16M shares of common stock for holders

Informatica (INFA) announced the commencement of a proposed underwritten registered secondary offering of 16M shares of its Class A common stock by certain funds associated with Permira and Canada Pension Plan Investment Board. Informatica will not receive any proceeds from the sale of its Class A common stock by the selling stockholders in the offering. Goldman Sachs & Co. is acting as the lead book-running manager for the offering.

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