Informatica Seeks Up to $928 Million in U.S. IPO at $9 Billion Value
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Informatica Inc., the data-management software provider, is seeking as much as $928 million in its return to the public markets.
The company plans to sell 29 million shares at $29 to $32 each in its initial public offering, it said in a Monday filing with the U.S. Securities and Exchange Commission. At the top end of that price range, it would have a market capitalization of $8.8 billion, according to the number of shares outstanding listed in the prospectus.