Press release: NEW YORK, April 12, 2018 – Hearst announced today that it has purchased from Fimalac S.A. an additional 20 percent interest in global financial information services company Fitch Group, bringing Hearst’s equity interest to 100 percent. The transaction is valued at $2.8 billion. Hearst acquired its original interest in Fitch Group in 2006, and increased its holdings to 80 percent in 2015.
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