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0.000418935902806787 0.000418935902806787 -0.000418935902806936 0 0.00209467951403438 0.00251361541684117 0.00963552576455804 0.0108923334729786
Stock impact report

Permira-Warburg Pincus led group to acquire Clearwater Analytics for $8.4bn [Yahoo! Finance]

Clearwater Analytics Holdings, Inc. (CWAN) 
Company Research Source: Yahoo! Finance
Temasek is participating in the group, which also has significant support from Francisco Partners. The agreement will see Clearwater Analytics' shareholders receive $24.55 per share in cash. Clearwater Analytics is currently listed on the New York Stock Exchange (NYSE). The company has built a cloud-based investment management platform, which serves institutional investors in global public and private markets, supporting over $10tn in assets worldwide. Clearwater Analytics offers a single integrated system that delivers portfolio management, trading, investment accounting, regulatory reporting, performance tracking, compliance, and risk analytics. Its clients include insurers, asset managers, hedge funds, banks, corporations, and government entities. Clearwater Analytics CEO Sandeep Sahai said: “This deal represents a great outcome for Clearwater Analytics and our stockholders. “It also positions us well for our next chapter of growth. Operating as a private company wil Show less Read more
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