Broadridge Financial Solutions, Inc.

NYSE:BR   3:59:58 PM EDT
164.91
-0.13 (-0.08%)
4:00:00 PM EDT: $164.80 -0.11 (-0.07%)
Mergers / Acquisitions

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

Published: 03/29/2021 08:20 GMT
Broadridge Financial Solutions, Inc. (BR) - 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.