Crisil buys UK co Coalition for Rs 250 cr

Our Bureau Updated - June 01, 2012 at 05:13 PM.

Rating agency Crisil said that it has agreed to buy UK-based financial data analytics company Coalition in an all cash transaction for Rs 250 crore.

The acquisition will add to its earnings from the first year, the Mumbai-based company said.

Coalition will be part of CRISIL’s Global Research and Analytics (GR&A) business.

satyanarayan.iyer@thehindu.co.in

Published on June 1, 2012 11:42