Moody’s Completes Sale of Moody’s Analytics Knowledge Services
NEW YORK--(BUSINESS WIRE)--Nov 8, 2019--
Moody’s Corporation (NYSE: MCO) announced today that it has completed the sale of its Moody’s Analytics Knowledge Services (MAKS) business to Equistone Partners Europe Limited. Moody’s announced its plans to sell MAKS on July 16, 2019.
MAKS is a leader in knowledge process outsourcing services, providing high value research and analytical support to organizations worldwide.
About Moody’s Corporation
Moody’s is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody’s Corporation (NYSE:MCO) is the parent company of Moody’s Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody’s Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The corporation, which reported revenue of $4.4 billion in 2018, employs approximately 10,900 people worldwide and maintains a presence in 42 countries. Further information is available at www.moodys.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20191108005531/en/
CONTACT: Shivani Kak
KEYWORD: NEW YORK UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: FINANCE DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY SOFTWARE
SOURCE: Moody’s Corporation Investor Relations
Copyright Business Wire 2019.
PUB: 11/08/2019 01:30 PM/DISC: 11/08/2019 01:30 PM