Hellman & Friedman to sell Wood Mackenzie for $2.8 bln
Verisk Analytics Inc. said Tuesday it has agreed to buy Wood Mackenzie from Hellman & Friedman and other Wood shareholders. The purchase price is 1.850 billion pounds or about U.S. $2.8 billion. The deal will include a combination of about $2 billion in debt and up to $800 million in equity, Verisk said. Verisk, of Edinburgh, United Kingdom, provides data analytics and commercial intelligence for the energy, chemicals, metals and mining verticals. Morgan Stanley and BofA Merrill Lynch provided financial advice to Verisk while Deutsche Bank and Lazard advised Wood Mackenzie.
10 March 2015•6 mins read
