/PRNewswire/ Hearst announced today that Conor Bagnell has been named president of its MHK business unit, effective immediately. The announcement was made.
Fitch Group Completes Acquisition of CreditSights, Inc.
Fitch Group, a global leader in financial information services owned by Hearst, today announced that it has completed its acquisition of CreditSights, Inc., a leading provider of independent credit research to the global financial community.
Fitch Group announced its agreement to acquire CreditSights from the founders, along with other shareholders and investors, on 14 January 2021.
CreditSights will become part of Fitch Solutions, which is a leading provider of data, research and analytics. The addition of CreditSights will strongly complement Fitch Solutions existing businesses. With its fundamental, in-depth research on investment grade and high-yield debt securities, CreditSights products significantly deepen Fitch Solutions capabilities across multiple fixed income and credit asset classes and sectors.
Fitch Group to Acquire CreditSights, Inc., a Leading Provider of Independent Credit Research
Fitch Group, a global leader in financial information services owned by Hearst, today announced it will acquire CreditSights, Inc., a leading provider of independent credit research to the global financial community.
The company is being acquired from the founders, along with other shareholders and investors. Financial terms for the deal were not disclosed, and closing is subject to regulatory approvals and other customary closing conditions.
Following the closing, CreditSights will become part of Fitch Group s Fitch Solutions division, as it further expands its research coverage of investment grade, leveraged and distressed debt markets. Fitch Solutions is a leading provider of credit and macro intelligence, and the primary partner to Fitch Ratings for the distribution of its ratings-related content.