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Equistone buys Moody’s analytics arm

The proceeds from the sale will be used to repurchase approximately $300m of Moody’s outstanding stock

UK mid-market private equity firm Equistone Partners Europe has struck a deal to acquire the knowledge services arm of Moody’s.

Moody’s Analytics Knowledge Services was set up in 2014 and provides research, analytics and automation technology to the financial services sector. The financial details of the transaction were not disclosed.

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