VNU £700m credit facility sparks acquisition rumours

LONDON – VNU, the Dutch owner of AC Nielsen and Nielsen Media Research, has acquired a new £700m credit facility from five syndicated banks, sparking acquisition rumours.

VNU has indicated the credit facility is "for general corporate purposes, including working capital and acquisition financing".

The new facility, supplied by ABN AMRO, BNP Paribas, ING bank, JPMorgan and Rabobank, has a maturity of five years, with two extension options potentially raising the maturity to seven years.

The £700m replaces the two existing syndicated facilities that expire next year.

Rumours about possible acquisition targets are rife following the sale of the World Directories group for £1.4bn a month ago. According to reports, £70m is earmarked to fund purchases in the market research or media sector.

Analysts at finanacial management compnay Merrill Lynch cite research companies GfK and Arbitron as possible take-over targets.

VNU is a global information and media company with leading market positions and recognised brands in marketing information through ACNielsen and media measurement and information through Nielsen Media Research.

Its business information publishing arm includes Billboard, The Hollywood Reporter, Computing and Intermediair.

VNU is active in more than 100 countries, with headquarters in Haarlem, the Netherlands and New York.

If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the .

Topics

You have

[DAYS_LEFT] Days left

of your free trial

Subscribe now

Get a team licence 

 Give your teams unrestricted access to in-depth editorial analysis, breaking news and premium reports with a bespoke subscription to ±±¾©Èü³µpk10.

Find out more

Market Reports

Get unprecedented new-business intelligence with access to ±±¾©Èü³µpk10’s new Market Reports.

Find out more

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now