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Moody's Corp secures majority equity ownership stake in ICRA Ltd


Thursday, 19 Jun 2014 09:30pm EDT 

Moody's Corp:Says it has secured a majority equity ownership stake in ICRA Ltd, increasing its stake from 28.5 pct to over 50.0 pct.Total value of the transaction is about $86 mln, or 5.17 bln Indian Rupees.Transaction is expected to close on or by June 30. 

Company Quote

92.88
0.07 +0.08%
4:01pm EDT