Rating agency Crisil said that it has agreed to buy UK-based financial data analytics company Coalition in an all cash transaction for Rs 250 crore.

The acquisition will add to its earnings from the first year, the Mumbai-based company said.

Coalition will be part of CRISIL’s Global Research and Analytics (GR&A) business.

satyanarayan.iyer@thehindu.co.in

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Published on June 1, 2012