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Mr Nichola will emphasise the core features of the GDPR and how enterprises should best respond to the new regulation, which is designed to facilitate operations within EU Member States and internationally operating enterprises working with Europe. In addition, Dun & Bradstreet's Howell has produced a white paper on GDPR that provides a thorough assessment of the upcoming regulatory changes and their implications for enterprises inside and outside the block.
Private equity acquires Dun & Bradstreet | News
U.S. - Dun & Bradstreet is pleased to announce that it has signed an agreement to divest Dun & Bradstreet to a group of investors in a USD 6.9 billion USD equity and liabilities sale. Dun & Bradstreet stockholders will earn $145.00 in each of their ordinary share awards in the form of $145.00 in free liquid funds. Net income from the acquisition comprises the purchase of $1.5 billion of the Company's net indebtedness and defined benefit obligation.
Established in the 18th century, Dun & Bradstreet is based in Short Hills, New Jersey. Built into the company's datacloud are 300 million pieces of documentation. Mr. Thomas Manning, provisional CEO and COO of Dun & Bradstreet, will manage the firm through the deal, which is anticipated to be completed within six month, pending shareholders' approvals and necessary approvals.
Mr. James Fernandez, a corporate officer and since February 2018 Chief Executive Officer, will act as Chief Executive Officer until completion of the transaction. Under the terms of the contract, Dun & Bradstreet will have a'go-shop' of 45 working day, during which time Dun & Bradstreet will have the opportunity to negotiate with other interested third party companies and possibly start them.