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NewsS&P to acquire 4.9pc stake in RAM Hldgs
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S&P to acquire 4.9pc stake in RAM Hldgs
by hlk Thu 24 Nov 2011, 18:03
Standard and Poor’s Rating Services said it will acquire a 4.9 per cent stake in Malaysian credit ratings services provider RAM Holdings Bhd from the Asian Development Bank.
The two companies aim to work more closely together, S&P said in an e-mailed statement today. This may include sharing analytical best practices, research and joint seminars, it said. The statement didn’t disclose any purchase price. -- Bloomberg
The two companies aim to work more closely together, S&P said in an e-mailed statement today. This may include sharing analytical best practices, research and joint seminars, it said. The statement didn’t disclose any purchase price. -- Bloomberg
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