MSCI To Sell Institutional Shareholder Services - Quick Facts

(RTTNews) - MSCI Inc. (MSCI) announced it has entered into a definitive agreement to sell Institutional Shareholder Services Inc., its subsidiary comprising MSCI's Governance segment, to Vestar Capital Partners for total cash consideration of $364 million. MSCI said its Environmental, Social and Governance investment performance and risk products continue to be an integral part of MSCI's offering and are not part of the sale.

"The sale of ISS underscores MSCI's strong focus on and commitment to providing performance and risk investment products and services for every major asset class and for investors with multi-asset class portfolios," said Henry Fernandez, Chairman and CEO, MSCI Inc.