12.01.2021. / 12:38
NEW JERSY – Dun & Bradstreet Holdings, a leading global provider of data and analytics for business decision-making, through its subsidiary Dun & Bradstreet Holdings BV, has completed the acquisition of Bisnode, Europe’s leading data and analytics company.
The transaction was concluded by a combination of approximately $ 625 million in net cash and 6,237,089 newly issued shares and joint ventures of the Company in private placement.
Bisnode Belgium NV, the Belgian branch of Bisnode, will remain the property of Ratos AB.
“I would like to welcome my Bisnode colleagues to the Dun & Bradstreet team. This acquisition is a great opportunity to strengthen our portfolio and pool talent to help us better serve our customers and provide more value to our shareholders, ”said Anthony Jabbour, CEO of Dun & Bradstreet. “Bisnode’s business areas include some of the most strategically insignificant countries in Europe, and the combination of our data, analytics and solutions will enable us to strengthen our international growth strategy. With this combination of services, we are in a good position to respond to the needs of clients who want to increase the growth and functionality of their business and reduce risk exposure. , pointed out from Dun & Bradstreet Holdings.
This association of leading and trusted brands supports companies at a time when data insights and analytics and changes in digital business are even more important due to changes in an extremely destructive macro environment. The combined company, with nearly 250,000 customers, will now be able to provide key solutions to help customers track business partner and customer risk, to minimize exposure while granting deferred payment, targeting reliable and solvent customers.
“We share a mission with Bisnode to help companies be competitive, grow and thrive. We have also supported Bisnode as a former member of our global network and are now ready for the next step of our journey together, ”said Neeraj Sahai, President of Dun & Bradstreet International. “We look forward to expanding into new exciting business areas critical to our mission and rapidly expanding our product offering in regions that match our growth strategy. With the guidance of our newly formed International Strategic Advisory Board, we will take the opportunity to meet the expectations of current and future clients. ” announced from the Holding.
Upon completion of the transaction, Dun & Bradstreet established the International Strategic Advisory Board, formed to provide strategic advice to the Dun & Bradstreet International Advisory Team. The International Advisory Board should be chaired by Neeraj Sahai, along with Jonas Wiström, Executive Director for Ratos AB.
The company will provide guidelines for 2021 and a synergy plan for Bisnode in the fourth quarter.
Source: Capital.ba – Informacija je capital by www.capital.ba.
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