Ratings agency Moody’s to buy RMS in $2bn deal
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Ratings agency Moody’s to buy RMS in $2bn deal

US-FINANCE-ECONOMY-MOODY'S

Financial ratings agency Moody’s has agreed to buy the risk modeling firm RMS in a deal worth $2bn, the companies jointly announced Thursday morning.

According to a statement from the companies, the deal is set to increase Moody’s insurance data and analytics business to nearly $500mn in revenue, with an aim towards accelerating the development of Moody’s integrated risk capabilities.

For

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