By Milana Vinn, Anirban Sen and David French
NEW YORK (Reuters) – Information 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, individuals aware of the matter mentioned on Friday.
Jacksonville, Florida-based Dun & Bradstreet has been working with funding bankers at Financial institution of America to judge takeover curiosity from potential consumers, which embrace personal fairness companies, the sources mentioned.
The sources, who requested anonymity as a result of the matter is confidential, cautioned that no deal is definite.
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 personal. 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 considered one of Wall Avenue’s oldest information and analytics suppliers. It presently serves about 135,000 companies, together with 90% of the Fortune 500 firms, in line with its web site.