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BKI / Constellation Software inks US$700M deal to buy Black Knight's Optimal Blue business

Constellation Software inks US$700M deal to buy Black Knight's Optimal Blue business
Constellation Software Inc announced on Monday that its Perseus operating group has agreed to acquire Optimal Blue, a business owned by Intercontinental Exchange subsidiary Black Knight Inc, for a total consideration of US$700 million. Constellation said the US$700 million deal price will be comprised of US$200 million in cash and a US$500 million promissory note payable upon closing of the transaction. Read More
Posted: Jul 17 2023, 10:34
Author Name: Proactive Investors
Views: 102044

BKI News  

Interest rates are putting home demand and supply in a gridlock, says Black Knight's Andy Walden

By CNBC Television
October 3, 2023

Interest rates are putting home demand and supply in a gridlock, says Black Knight's Andy Walden

Andy Walden, Black Knight VP of enterprise research strategy, and CNBC's Diana Olick join 'The Exchange' to discuss higher rates crushing affordabilit more_horizontal

ICE Completes $11.9 Billion Acquisition of Black Knight After Settling FTC Concerns

By Investopedia
September 5, 2023

ICE Completes $11.9 Billion Acquisition of Black Knight After Settling FTC Concerns

Intercontinental Exchange (ICE) completed its $11.9 billion purchase of software, data, and analytics company Black Knight (BKI) after federal regulat more_horizontal

Black Knight: Housing affordability hits 38-year low

By CNBC Television
August 7, 2023

Black Knight: Housing affordability hits 38-year low

Andy Walden, Black Knight VP of enterprise research strategy, joins 'The Exchange' to discuss affordability in the housing market, expectations for do more_horizontal

Black Knight (BKI) Q2 Earnings and Revenues Lag Estimates

By Zacks Investment Research
August 3, 2023

Black Knight (BKI) Q2 Earnings and Revenues Lag Estimates

Black Knight (BKI) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to earn more_horizontal

ICE and Black Knight Sell Optimal Blue Business to Comply With Regulator Concerns

By Investopedia
July 17, 2023

ICE and Black Knight Sell Optimal Blue Business to Comply With Regulator Concerns

ICE and Black Knight are selling Black Knight's Optimal Blue business to comply with regulatory concerns about ICE's purchase of Black Knight. more_horizontal

Constellation Software inks US$700M deal to buy Black Knight's Optimal Blue business

By Proactive Investors
July 17, 2023

Constellation Software inks US$700M deal to buy Black Knight's Optimal Blue business

Constellation Software Inc announced on Monday that its Perseus operating group has agreed to acquire Optimal Blue, a business owned by Intercontinen more_horizontal

Black Knight stock rallies as it agrees to sell Optimal Blue unit to clear way for ICE merger

By Market Watch
July 17, 2023

Black Knight stock rallies as it agrees to sell Optimal Blue unit to clear way for ICE merger

Black Knight Inc.'s BKI, +0.07% stock was up 14% in premarket trades on Monday after the company said it agreed to sell its Optimal Blue unit for $700 more_horizontal

The housing market is near an inflection point as home prices show signs of trending sharply higher, Black Knight says

By Business Insider
July 11, 2023

The housing market is near an inflection point as home prices show signs of trending sharply higher, Black Knight says

The housing market is near an inflection point as home prices look set to spike, Black Knight said. Five consecutive months of gains have reversed the more_horizontal


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