UK Analytics Firm GlobalData Gets Approaches From KKR, ICG (1)

GlobalData Plc, the UK research and analytics company controlled by billionaire entrepreneur Mike Danson, has received takeover interest from KKR & Co. and Intermediate Capital Group Plc.

The London-listed company said it’s been separately approached by the two buyout firms about potential cash takeover bids, according to a statement Wednesday that confirmed an earlier Bloomberg News report. GlobalData is in preliminary discussions with both suitors, it said, adding that there’s no certainty a deal will be reached.

Any transaction could value GlobalData at well above $2 billion after taking into account a typical takeover premium. ...