Offshore staff
JERSEY CITY, New Jersey/EDINBURGH, UK – Verisk Analytics Inc. (Nasdaq:VRSK) has signed a definitive agreement to acquire Wood Mackenzie from Hellman & Friedman and other Wood Mackenzie shareholders.
The purchase price is £1.850 billion ($2.8 billion) in cash, subject to closing adjustments. The transaction is expected to close during 2Q 2015, subject to the completion of customary closing conditions, including receipt of regulatory approvals.
Stephen Halliday, Wood Mackenzie’s CEO, will continue to lead the business, reporting to Verisk president and CEO, Scott Stephenson.
3/10/15
