CRISIL has completed the acquisition of 100% stake in Peter Lee Associates Pty Limited today.
Peter Lee will become part of CRISIL's Global Benchmarking Analytics business, Coalition Greenwich.
The transaction was announced on February 18, 2023.
Peter Lee, an Australian research and consulting firm, delivers benchmarking insights on market positioning, crossselling, and intelligence on broader market trends through its research programs by engaging with senior business executives. It serves clients across top investment banks, corporate banks, commercial banks and asset managers predominantly in Australia and New Zealand.
Amish Mehta, Managing Director & CEO, CRISIL, said, "The acquisition of Peter Lee will accelerate CRISIL's strategy in the APAC region to be the foremost player in the growing market of benchmarking analytics across financial services globally."
Shares of CRISIL Limited was last trading in BSE at Rs. 2998.50 as compared to the previous close of Rs. 3099.85. The total number of shares traded during the day was 2088 in over 808 trades.
The stock hit an intraday high of Rs. 3125.00 and intraday low of 2974.00. The net turnover during the day was Rs. 6357658.00.