Clearwater (CWAN) Soars 8% on $8.4-Billion Merger

Core Viewpoint - Clearwater Analytics Holdings, Inc. is set to be taken private for $8.4 billion, resulting in an 8.4% increase in its stock price as investors reacted positively to the acquisition news [1][3]. Group 1: Acquisition Details - Clearwater Analytics has entered into an agreement with Permira and Warburg Pincus, with participation from Temasek, to acquire its shares at a price of $24.55 each, which is a 47% premium over the last closing price on November 10 [2]. - The transaction is expected to close in the first half of 2026, pending shareholder and regulatory approvals [3]. Group 2: Company Outlook - The CEO of Clearwater Analytics stated that the deal represents a favorable outcome for the company and its shareholders, positioning them well for future growth [3]. - Operating as a private company will allow Clearwater Analytics to invest more boldly and integrate platforms to enhance their offerings in alternative assets and risk analytics [4].