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Market Chatter: Enfusion Evaluates Options Including Potential Sale -- Shares Jump
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Market Chatter: Enfusion Evaluates Options Including Potential Sale -- Shares Jump
Sep 21, 2024 7:43 PM

02:39 PM EDT, 09/20/2024 (MT Newswires) -- Enfusion ( ENFN ) is exploring a potential sale among options after receiving takeover interest from potential buyers, including private equity firms, Reuters reported Friday, citing people familiar with the matter.

The company, which has a market value of $1.1 billion, is in talks with investment bankers to weigh strategic options, according to the report. A sale process has not yet been launched.

Enfusion ( ENFN ) did not immediately reply to requests for comment from MT Newswires.

Company's shares were up 8% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 9.25, Change: +0.70, Percent Change: +8.19

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