Permira, CPPIB to take Informatica private in $5.3 bln LBO: Reuters

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, in the biggest U.S. leveraged buyout so far this year, Reuters reported. The deal follows a report that another partnership of Thoma Bravo LLC and Ontario Teachers' Pension Plan had also submitted bids for the U.S. company.

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