Dun & Bradstreet Announces Receipt of United Kingdom Financial Conduct Authority Approval
January 17, 2019 at 07:25 pm IST
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Dun & Bradstreet announced that the United Kingdom Financial Conduct Authority provided notice in writing for the purposes of the Financial Services and Markets Act 2000 that it has approved the change in control of Dun & Bradstreet Limited applicable to the Company’s proposed merger transaction with an investor group led by CC Capital, Cannae Holdings, Bilcar, LLC, Black Knight Inc. and funds affiliated with Thomas H. Lee Partners, L.P. (the “Investor Group”). The receipt of FCA approval satisfies the last remaining condition to the commencement of the fifteen business day marketing period contemplated by the merger agreement in order to permit the Investor Group to complete its debt financing, which contractual marketing period began on January 17, 2019, and will end on February 7, 2019, unless earlier waived.
Dun & Bradstreet Holdings, Inc. is a global provider of business decisioning data and analytics. The Company clients embed its end-to-end solutions into their daily workflows to inform commercial credit decisions, confirm suppliers and improve salesforce productivity and gain visibility into key markets. Its solutions support its clientsâ mission critical business operations by providing and curated data and analytics to help drive informed decisions and improved outcomes. The Company operates through two segments: North America and International. Its finance and risk solutions are used in the critical decisioning processes of finance, risk, compliance and procurement departments worldwide. Its sales and marketing solutions combine firmographic, personal contact, intent and non-traditional data to assist clients in optimizing their sales and marketing strategy by cleansing customer relationship management (CRM) data and narrowing their focus and efforts on the probability prospects.
DUN & BRADSTREET HOLDINGS, INC. 
