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Benzinga
Benzinga
Business
Anthony Noto

Deal Dispatch: Confluent Considers Sale, Rothschild Exits The Economist, CVS Feels The Pain

Confluent CVS Deal Dispatch The Economist Helsing
benzinga_deal_dispatch2

New On The Block

  • Confluent Inc. (NASDAQ:CFLT), a California-based data streaming company, is exploring a potential sale after drawing interest from several private equity firms and tech companies. According to Reuters, the company has engaged an investment bank to advise on the early-stage process. Confluent shares rallied on the news, though they remain down about 17% year-to-date. The potential sale comes amid rising demand for data infrastructure driven by artificial intelligence.
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