Short Hills, NJ – August 31, 2010 ¾ D&B (NYSE: DNB), the world’s leading source of commercial information and insight on businesses, announced it has acquired a member of the D&B Worldwide Network, privately held Dun & Bradstreet Australia Holdings Limited (“D&B Australia”), the leading credit and information services provider in Australia and New Zealand, for approximately $205 million in cash.  The transaction closed today and was financed primarily by existing cash on hand.

D&B Australia is a trusted leader in commercial risk and receivables management and owns and operates an emerging high growth consumer credit service.  Through these three primary units, D&B Australia is able to efficiently collect high quality data on most businesses within Australia and New Zealand.  For its fiscal year ended June 30, 2010, D&B Australia generated approximately $80 million of revenue and operating margins of approximately 20%, in accordance with International Financial Reporting Standards.   Analysts’ comments were upbeat about this latest development.  D&B’s stock rose following the announcement.  Source:  D&B Corporation  To read the full press release click on the link!

BIIA Newsletter September II – 2010 Issue