Event software firm Cvent Holding explores sale - WSJ - Reuters

Jan 31 (Reuters) - Cvent Holding Corp (CVT.O) is exploring a sale that could value the cloud-based event-software provider at upwards of $4 billion, the Wall Street Journal reported on Tuesday citing people familiar with the matter.

The firm has attracted interest from private equity firms including Blackstone Inc (BX.N) , the report added .

Shares in the company closed nearly 23% higher on Tuesday after the potential sale was reported in the media. Stock was up roughly 2% in after market trading.

Cvent did not immediately respond to a Reuters request for comment on the report.

Reporting by Manya Saini in Bengaluru; Editing by Shailesh Kuber

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