New York-listed MSCI is poised to acquire the Investment Property Databank (IPD), the two index providers said in a statement on Wednesday. The parties said they are in 'exclusive advanced discussions' regarding a potential takeover.
New York-listed MSCI is poised to acquire the Investment Property Databank (IPD), the two index providers said in a statement on Wednesday. The parties said they are in 'exclusive advanced discussions' regarding a potential takeover.
'There can be no assurances that any agreement will be reached or that a transaction will be completed,' the statement said.
The two sides will not comment further 'until an agreement is reached or the discussions are terminated'.
