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MSCI to Acquire IPD Group for Approximately $125M

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MSCI (NYSE: MSCI) announced today that its subsidiary, MSCI
Limited, has entered into a definitive agreement to acquire IPD Group
Limited, a holding company for the IPD Group, for a purchase price of
approximately $125 million (£78 million), funded through
existing cash. IPD is a leading provider of real estate investment
performance benchmarking, performance analysis, market indices, risk
management tools and market research to the owners, institutional
investors, managers, lenders on, and occupiers of, real estate. The
acquisition is subject to customary closing conditions for transactions
of this nature.

"The acquisition of IPD is part of our core strategy to provide

See full press release

Posted-In: News Guidance Management M&A Global

 

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