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MSCI Inc to acquire GMI Ratings

Friday, 27 Jun 2014 08:00am EDT 

MSCI Inc:Agrees to acquire GMI Ratings, a provider of ESG (environmental, social and governance) ratings and research to institutional investors, through its subsidiary MSCI ESG Research Inc.Transaction is expected to close in the third quarter.Total consideration for GMI Ratings is $15 mln in cash.Davis Polk & Wardwell LLP acted as legal advisers to MSCI. 

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0.65 +0.93%
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