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BRIEF-Morningstar acquires 40 percent ownership stake in Sustainalytics
July 24, 2017 / 4:14 PM / in 5 months

BRIEF-Morningstar acquires 40 percent ownership stake in Sustainalytics

July 24 (Reuters) - Morningstar Inc:

* Says announced that Morningstar has acquired a 40 percent ownership stake in Sustainalytics

* Says Steven Smit, head of sustainability at Morningstar, will join Sustainalytics board of directors

* Says as part of transaction, Sustainalytics executive team has taken minority equity stake in co Source text for Eikon: Further company coverage:

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