The
company said it will be selling 29 million shares priced between
$29 and $32 per share. At the top end of that range, the IPO
will rake in $928 million in proceeds.
Redwood City, California-based Informatica, which follows a
subscription-based model, was taken private by a consortium that
included private equity firm Permira Advisers Ltd and Canada
Pension Plan Investment Board.
Goldman Sachs & Co and J.P. Morgan are the lead underwriters for
the IPO.
(Reporting by Niket Nishant in Bengaluru; Editing by
Ramakrishnan M. and Shounak Dasgupta)
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