Edition:
United Kingdom

Morningstar To Accelerate Credit Ratings Business With DBRS Acquisition


Wednesday, 29 May 2019 

May 29 (Reuters) - Morningstar Inc ::MORNINGSTAR INC - DEAL FOR $669 MILLION.MORNINGSTAR TO ACCELERATE CREDIT RATINGS BUSINESS WITH DBRS ACQUISITION.MORNINGSTAR INC - MORNINGSTAR INTENDS TO FUND TRANSACTION WITH A MIX OF CASH AND DEBT.MORNINGSTAR INC - TRANSACTION IS EXPECTED TO BE ACCRETIVE TO NET INCOME PER SHARE IN FIRST FISCAL YEAR AFTER COMPLETION.