Moody's to buy Bureau van Dijk for about $3.3 billionStaff Writer | May 15, 2017
Moody's said it would buy Dutch financial information provider Bureau van Dijk for about $3.3 billion, to extend its risk data and analytical businesses.
Acquisition A combination of offshore cash and new debt financing
Amsterdam-based Bureau van Dijk, owned by the fund EQT VI, distributes financial information and private company datasets of 220 million companies.
The deal is expected to benefit Moody's revenue and earnings in 2019, while adjusted earnings in 2018 is expected to see an uptick.
Moody's also acquired the structured finance data and analytics business of SCDM, a Frankfurt-based provider of analytical tools, earlier this year. ■