Moody's to acquire rms, leader in climate & natural disaster risk

New york--(business wire)--moody's corporation (nyse: mco) and rms announced today that they have entered into a definitive agreement for moody's to acquire rms, a leading global provider of climate and natural disaster risk modeling and analytics, for approximately $2.0 billion from daily mail and general trust plc (lon: dmgt). the acquisition will immediately increase moody's insurance data and analytics business to nearly $500 million in revenue and will accelerate the development of the com
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