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InsideArbitrage Potential Deal Alert: Data Provider Dun & Bradstreet (DNB) Explores Sale

  • August 3, 2024

POTENTIAL DEAL DETAILS

StockDun & Bradstreet Holdings IncSymbolDNB
Date Announced08/02/2024Source Reuters
TypeNews Report

According to Reuters, Dun & Bradstreet (DNB), a U.S. data and analytics provider that has a market value of more than $9 billion including debt, is exploring options including a potential sale. The Jacksonville, Florida-based company is working with investment bankers at Bank of America (BAC) to evaluate takeover interest from potential buyers, which include private equity firms.

Cannae Holdings (CNNE), the company’s largest shareholder with 15.6%, could roll its stake as part of any sale. This could help facilitate a deal by lowering the overall purchase price.

Dun & Bradstreet Holdings Inc Investor Relations

Update(s):

August 5, 2024: Dun & Bradstreet (DNB) announced it has received inbound interest from third parties and has retained Bank of America (BAC) to assist with those inquiries.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.