Update: MSCI claims report of $11bn merger approach from S&P is 'incorrect'
First reported by the Evening Standard
MSCI has responded to rumours it had received an $11bn takeover bid from rival S&P Global, saying these reports were 'incorrect' and it was not in discussions with any third parties.
On Tuesday, the Evening Standard reported that S&P Global, owner of the S&P 500 index, has approached MSCI with a bid worth $11bn (£9bn), which would create a global indices giant, The report said...
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