Monday, 15 May 2017

Moody's Buying Bureau Van Dijk For About $3.27 Billion-The Total Investment & Insurance Solutions

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15 May 2017

Credit ratings agency Moody's Corp. is buying financial data company Bureau van Dijk for about $3.27 billion. The Total Investment & Insurance Solutions
Bureau van Dijk provides private company data for more than 220 million businesses. It had 2016 revenue of $281 million. The company, with its headquarters in Amsterdam, is owned by the fund EQT VI, which is part of alternative investment firm EQT.
Bureau van Dijk will be folded into Moody's Analytics' research, data and analytics division.
The deal is targeted to close late in the third quarter and needs regulatory approval in the European Union. The Total Investment & Insurance Solutions

Moody's is based in New York City.The Total Investment & Insurance Solutions

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