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 Nyheter

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.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 83. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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.
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »