Broadridge Financial Solutions, Inc.

NYSE:BR   3:59:57 PM EDT
+1.05 (+0.58%)
Mergers / Acquisitions

BRIEF-Broadridge Acquires Itiviti in an all-cash transaction valued at EUR 2.14 bln

Published: 03/29/2021 08:26 GMT
Broadridge Financial Solutions, Inc. (BR) - March 29 (reuters) - Broadridge Financial Solutions Inc :.
Broadridge Extends Capital Markets Franchise With Acquisition of Itiviti.
Deal for an All-cash Transaction Valued at EUR 2.143 Billion (approximately $2.5 Billion) From Nordic Capital.
Broadridge - Itiviti Will Become Part of Broadridge's Global Technology and Operations, Its Senior Management, & CEO Rob Mackay, Will Remain With Co.
Broadridge is Financing Acquisition Through a New $2.55 Billion Term Credit Agreement.
Broadridge - Deal is Expected to Be Accretive to Adjusted EPS in First Full Year After Closing.