Summary
Moody's Corporation (MCO) filed an 8-K/A on October 25, 2017, to amend a previous filing from August 10, 2017. This amendment is primarily to include the necessary audited financial statements of Bureau van Dijk Electronic Publishing B.V. (Bureau van Dijk) and unaudited pro forma condensed combined financial statements. These financial statements are required following Moody's completion of the acquisition of Bureau van Dijk, which was initially disclosed in the August filing. The inclusion of these financial statements provides investors with a more complete picture of the financial impact of this significant acquisition. The audited financials for Bureau van Dijk cover the years ending December 31, 2015, and December 31, 2016, while the pro forma statements offer a combined view for the year ending December 31, 2016, and the six months ending June 30, 2017. This allows investors to better assess the scale and financial standing of the acquired entity and its potential contribution to Moody's overall financial performance.
Key Highlights
- 1Amendment filed to provide missing financial statements for the Bureau van Dijk acquisition.
- 2Audited financial statements for Bureau van Dijk for fiscal years 2015 and 2016 are now included.
- 3Unaudited pro forma combined financial statements for Moody's and Bureau van Dijk for FY 2016 and H1 2017 are provided.
- 4This filing supplements the initial 8-K report dated August 10, 2017, which announced the completion of the acquisition.
- 5The acquisition of Bureau van Dijk was completed on August 10, 2017, per the initial filing.
- 6The Securities Purchase Agreement for the acquisition was dated May 15, 2017.