News Formal

Altus Group selling property tax business to Ryan LLC for $700 million

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 15 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 50%

Business أخبار

Construction,Hardware,Software

Altus Group Ltd. has signed a deal to sell its global property tax business to tax services and software company Ryan LLC for $700 million.

Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020.THE CANADIAN PRESS/Nathan Denette

Ryan has also committed to an Altus Market Insights subscription deal at the close of the transaction, with an initial three-year term of $5 million per year. Once the deal is complete, Altus Group says it plans to use the proceeds to repay debt and pursue organic investments.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 83. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Altus Group selling property tax business to Ryan LLC for $700 millionAltus Group Ltd. has signed a deal to sell its global property tax business to tax services and software company Ryan LLC for $700 million.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »