25 June 2020

Dun & Bradstreet aims for $1.38bn with IPO

Written By FinTech Alliance

Dun & Bradstreet aims for $1.38bn with IPO

Data firm Dun & Bradstreet has announced the terms of its initial public offering.  

In Brief:  

  • The business will offer 67.75mn shares priced between $19 and $21.  

  • Dun & Bradstreet will list on the New York Stock Exchange.  

  • It employs more than 5,000 staff and more than doubled revenue last quarter.  

 
What does this mean?  

Dun & Bradstreet went private under a group of investors two years ago. Following the IPO, it should be left with a value of about $8bn. 

Read more here.  

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