KKR, CDR nearing deal to buy Cloudera

Stocks

The terms of the deal couldn’t be learned, the report said, adding that the company has a market value of nearly $ 4 billion.

Reuters

June 01, 2021 / 07:58 AM IST

Private-equity firms KKR & Co and Clayton Dubilier & Rice LLC are nearing a deal to buy Cloudera Inc and take the software company private, the WSJ reported on Monday, citing people familiar with the matter.

The terms of the deal couldn’t be learned, the report said, adding that the company has a market value of nearly $ 4 billion.