By Milana Vinn, Anirban Sen and David French
NEW YORK (Reuters) – Knowledge and analytics supplier Dun & Bradstreet (NYSE:), which has a market worth of almost $8 billion together with debt, is exploring choices together with a possible sale, folks accustomed to the matter stated on Friday.
Jacksonville, Florida-based Dun & Bradstreet has been working with funding bankers at Financial institution of America to guage takeover curiosity from potential consumers, which embody non-public fairness companies, the sources stated.
The sources, who requested anonymity as a result of the matter is confidential, cautioned that no deal is for certain.
Financial institution of America declined to remark. Dun & Bradstreet didn’t instantly reply to a request for remark.
The corporate listed its shares in New York in 2020, lower than two years after an investor consortium led by CC Capital, Cannae and Thomas H. Lee Companions took it non-public. Dun & Bradstreet’s shares have misplaced almost 62% of their worth for the reason that firm’s preliminary public providing.
Dun & Bradstreet, which traces its origins to 1841, is certainly one of Wall Avenue’s oldest knowledge and analytics suppliers. It at present serves about 135,000 companies, together with 90% of the Fortune 500 firms, based on its web site.
