(Bloomberg) -- Verisk Analytics Inc., a supplier of data to insurers and banks, agreed to buy Wood Mackenzie for about 1.85 billion pounds ($2.8 billion) in cash, gaining a business providing information to the energy, chemicals and mining industries.

Verisk Analytics will finance the purchase from Hellman & Friedman LLC and other shareholders with $2 billion of debt, the companies said in a statement Tuesday. The rest will be funded with equity, they said. The deal is expected to be completed in the second quarter, subject to regulatory approval.

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