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...
£44bn committed to sector over five years
Key points from Hammond's 'balanced' Budget
No stamp duty on homes under £300,000
Second Budget this year
Rises in-line with CPI