Morningstar: To Acquire Sustainalytics
- Morningstar a leading provider of independent investment research in North America, Europe, Australia and Asia
- Sustainalytics a leading independent ESG and also corporate governance research, ratings and analytics firm
- Acquire Sustainalytics and also Expand Access to ESG Research, Data, and Analytics for Investors Worldwide
- Two firms will also join forces to empower all types of investors to drive long-term, meaningful outcomes
- Morningstar currently owns an approximate 40% ownership stake in Sustainalytics, first acquired in 2017
- Morningstar intends to fund the transaction with a mix of cash and debt