Jan 13 (Reuters) - Clearwater Analytics Holdings Inc ( CWAN )
:
* CLEARWATER ANALYTICS TO ACQUIRE ENFUSION FOR $1.5 BILLION
EXPANDING ITS INVESTMENT MANAGEMENT PLATFORM WITH FRONT-TO-BACK
CAPABILITIES
* PURCHASE PRICE IS $11.25 PER SHARE IN CASH AND STOCK
* PROPOSED DEAL FOR $11.25 PER SHARE
* TO PAY $30 MILLION TO TERMINATE ENFUSION'S TRA
* ENFUSION EXPECTS 2024 REVENUE OF $201-202 MILLION
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