McGraw Hill lifts stake in CRISIL

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McGraw Hill Financial has made an open offer to acquire up to 15,670,372 shares from the public shareholders of CRISIL, a global analytical company which provides ratings, research and risk and policy advisory services. The share amount equals 22.23% of the total equity shares outstanding in CRISIL. Full acceptance of the offer would increase McGraw Hill Financial’s total stake in CRISIL to 75% from 52.77%.

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