Reported about 8 hours ago
Clearwater Analytics has finalized an agreement to acquire the investment management platform Enfusion for $1.5 billion in a combination of cash and stock. Enfusion shareholders will receive $5.85 in cash and $5.40 in Clearwater stock for each share, reflecting a 13% premium over Enfusion's last close. The acquisition marks a significant move as Clearwater aims to enhance its investment management capabilities.
Source: YAHOO