Cloudera confirms $5.3B sale to Clayton, Dubilier & Rice and KKR

Jun. 01, 2021 7:11 AM ETCloudera, Inc. (CLDR)IEPBy: Niloofer Shaikh, SA News Editor18 Comments
  • Cloudera (NYSE:CLDR): Q1 Non-GAAP EPS of $0.12 beats by $0.04; GAAP EPS of -$0.14 misses by $0.01.
  • Revenue of $224.28M (+6.5% Y/Y) beats by $6.99M.
  • The company has entered into an agreement to be acquired by affiliates of Clayton, Dubilier & Rice (CD&R) and KKR for ~$5.3B in cash, or $16.00 per share.
  • The transaction is expected to close in the second half of 2021.
  • The investor Carl Icahn, an 18% stakeholder in the company has agreed to support the transaction.
  • Shares +24.8% PM.
  • Press Release

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