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Posted on: July 16, 2019, 12:31 p.m.
Moody's Corp. said Tuesday it has agreed to sell its Moody's Analytics Knowledge Services business to Equistone Partners Europe Ltd, a private-equity firm. Moody's did not disclose terms, but said it expects the deal to shave up to 20 cents off 2019 per-share earnings. The deal is expected to close later this year. The unit offer research and analytical support to organizations across the globe, including banks, asset managers and consulting firms. Moody's will use the proceeds of the deal … Full investment news articleRelevent to this post: University of Nebraska Foundation,