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Bids, Mergers and Takeovers

Euromoney to acquire RISI

03 March 2017 09:51

Euromoney Institutional Investor has agreed to acquire RISI, the leading price reporting agency for the global forest products market, for $125m in cash.

Founded in 1985, RISI has been part of AXIO Group, an Epiris Managers' business, since 2013.

RISI is headquartered in Bedford, Massachusetts, and employs 150 people across the United States, China, Belgium, Finland and Brazil.

At 9:51am: (LON:ERM) Euromoney Institutional Investor PLC share price was +13p at 1122p

Story provided by StockMarketWire.com

Related Company: ERM

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