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.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio