reported on Monday, citing an individual accustomed to the matter.
The private-equity giants are more likely to finalise a deal on Tuesday to amass the software program agency at $16 a share, or a few 24% premium to its earlier shut, in accordance with the report.
Cloudera, which has activist investor Carl Icahn as its largest shareholder, has explored a sale since mid-2020 after receiving takeover curiosity, the report mentioned.
The Wall Avenue Journal
had earlier reported in regards to the deal talks.
KKR and Cloudera didn’t instantly reply to Reuters’ requests for remark.
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