MSCI: Vantager deal impact not expected to be material

MSCI: Vantager deal impact not expected to be material

MSCI Completes Sale of FEA, Impact on Operations Not Material

MSCI Inc. (NYSE: MSCI) has finalized the sale of Financial Engineering Associates, Inc. (FEA®), a provider of risk and valuation tools for energy and commodity markets, to Allegro Development Corporation, a commodity management software leader. The transaction terms, including the purchase price, were not disclosed.

FEA, part of MSCI's Analytics segment, offers widely adopted solutions for energy and commodity risk assessment. The sale is not expected to have a material impact on MSCI's financial results, and the company reaffirmed its 2018 guidance. Henry A. Fernandez, MSCI's Chairman and CEO, stated the move aligns with the firm's strategy to prioritize innovation and enhance client value.

The transaction follows MSCI's broader focus on expanding its analytics and index offerings. Davis Polk & Wardwell LLP and Marlin & Associates, LLC served as legal and financial advisors to MSCI during the process.

MSCI, a leader in research-based indexes and analytics, serves 99 of the top 100 global money managers. Its solutions span indexes, ESG research, real estate benchmarks, and risk analytics. The company emphasizes transparency and innovation, with a commitment to addressing sustainability and climate-related risks, as outlined in its 2023 materiality assessment.

The press release includes forward-looking statements, with MSCI cautioning that actual results may differ due to market and operational uncertainties.

This transaction reflects MSCI's ongoing efforts to streamline its portfolio while maintaining its focus on core growth areas. Investors are advised to monitor MSCI's investor relations channels for updates.

(https://ir.msci.com/news-releases/news-release-details/msci-announces-sale-fear-0): MSCI Announces Sale of FEA® – MSCI Inc.
(https://www.msci.com/discover-msci/corporate-responsibility/materiality-assessment): Materiality Assessment – MSCI.