Toronto credit rating agency DBRS explores PE sale: Reuters
DBRS Ltd,, a Toronto-based credit rating agency that competes with Standard & Poor's Financial Services LLC, Moody's Corp and Fitch Ratings Inc, is exploring a sale, sources told Reuters. DBRS owner Walter Schroeder has hired investment bank Perella Weinberg Partners LP to run an auction for the firm, which could fetch hundreds of millions of dollars. Private equity firms are among the parties interested, the sources said.
27 August 2014•2 mins read
