GMI Ratings to be bought by MSCI subsidiary

GMI Ratings said that the firm has entered into a definitive agreement to be acquired by MSCI Inc. (NYSE: MSCI), through its wholly-owned subsidiary, MSCI ESG Research Inc.

The combination brings together two recognized market leaders, integrating GMI´s corporate governance and forensic accounting expertise into MSCI´s comprehensive ESG solutions.

With offices all around the world, MSCI is a provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. Through its MSCI ESG Research unit, MSCI delivers products and services designed to provide in-depth research, ratings and analysis of environmental, social and governance-related business practices of companies worldwide.

The acquisition is expected to close in the third quarter, subject to customary closing conditions. Berkery Noyes acted as financial adviser to GMI Ratings.

GMI Ratings is an independent provider of research and ratings on environmental, social, governance and accounting-related risks affecting the performance of public companies. For more information visit www.gmiratings.com.

MSCI Inc. is a provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds.

MSCI ESG Research products and services are designed to provide in-depth research, ratings and analysis of environmental, social and governance-related business practices to companies worldwide.

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