Nice D&B Co., Ltd. acquired 60% stake in Nice Data for KRW 1.7 billion.
September 23, 2015 at 12:00 am
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Nice D&B Co., Ltd. (KOSDAQ:A130580) acquired 60% stake in Nice Data for KRW 1.7 billion in cash on September 23, 2015. Nice D&B Co., Ltd. acquired 0.36 million shares of Nice Data for KRW 4806 per share. Nice Data reported total assets of KRW 4.14 billion, total capital of KRW 3.35 billion, sales of KRW 8.6 billion and net profit of KRW 244 million as of December 31, 2014. The Board of Directors of Nice D&B Co., Ltd. made a resolution in favor of the transaction on September 23, 2015.
Nice D&B Co., Ltd. (KOSDAQ:A130580) completed the acquisition of 60% stake in Nice Data on September 23, 2015.
NICE D&B CO., LTD. is a Korea-based company mainly engaged in provision of commercial credit check and credit inquiry services. The Company specializes in providing information used for general commercial transactions. It provides enterprise information services, credit certification services, account management services and credit assessment systems. The Company provides domestic and overseas enterprisesâ information, Dun and Bradstreet (D&B) business information reports (BIRs) and others. The credit certification services provide credit ratings and other information to influence purchase and dealing processes. The account management service monitors credit rating changes and risk factors, and provides financial information and others. The credit assessment systems develop its business for domestic companies who established foreign branches.
NICE D&B CO., LTD. 
