Moody's secures majority ownership stake in ICRA Moody’s announced that it has secured a majority equity ownership stake in ICRA Ltd., a leading provider of credit ratings and research in India, increasing its stake from 28.5% to over 50%. Based on current exchange rates, the total value of the transaction is approximately $86M. Moody’s will fund the offer from international cash on hand. The transaction is expected to close on or by June 30.
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