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Dun & Bradstreet buys Dun & Bradstreet Aus for $233million

Dun & Bradstreet Corp has bought the privately held Dun & Bradstreet Australia Holdings Ltd in a deal worth $233 million ($AU) after selling it to CEO Christine Christian nine years ago for $25 million.

Dun & BradstreetDun and Bradstreet Corp’s acquisition of Dun and Bradstreet Australia brings the credit and debt collection company into the fold and reportedly earns the private former owners of D&B Australia a $100 million profit for the sale.

Dun and Bradstreet Australia has been a part of the global D&B network since its CEO Christine Christian bought it from D&B Corp nine years ago, increasing its turnover from $30 million to $110 million per year in that time. D&B Corp believes this transaction will increase the ability of D&B to leverage its network for global clients seeking business intelligence and credit information worldwide.

David Olsen

David Olsen

An undercover economist and a not so undercover geek. Politics, business and psychology nerd and anti-bandwagon jumper. Can be found on Twitter: <a href="http://www.twitter.com/DDsD">David Olsen - DDsD</a>

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