LONDON, UK: Daily Mail and General Trust (DMGT) has agreed the sale of RMS, its insurance risk business, to Moody’s Corporation, a global integrated risk assessment firm, for approximately £1.425 billion in cash at completion. DMGT in discussions to sell insurance risk…
NEW YORK: Moody’s Corporation has acquired a minority stake in Malaysian Rating Corporation Berhad (MARC), a credit rating agency serving the Malaysian domestic bond and sukuk markets, a news release said. The investment strengthens Moody’s presence in Southeast Asia and…
NEW YORK: Moody’s Corporation has established new environmental sustainability commitments and progress milestones, including plans for expanding its carbon neutrality and procuring 100% renewable electricity, as well as target goals for reducing its greenhouse gas (GHG) emissions. “Contributing to an…