Hearst buys stake in credit-ratings firm Fitch Group

Tags: Hearst Corp., Editorial, Hearst-Argyle Television Inc.

  • Print
  • Recommend
  • 0

2009-07-26 18:51:48.0

Hearst Corp is buying a 20% stake in credit-ratings firm Fitch Group for about USD427m, raising its total stake to 40%. French firm Fimalac SA owns the remaining 60%, but has the option to sell another 10% to Hearst in coming years.

StrategyEye's related categories: Finance - Investment Banks & Boutiques

StrategyEye's related companies: Hearst Corporation

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here