UPDATE 3-RiskMetrics up for sale -- source

sábado 23 de enero de 2010 00:32 CET

* Evercore handling sale-source

* Number of interested parties-source (Adds analyst's comments)

NEW YORK/BANGALORE Jan 22 (Reuters) - Risk advisory firm RiskMetrics Group Inc RMG.N has put itself up for sale and has spoken to potential bidders, a source familiar with the situation said on Friday.

Boutique bank Evercore Partners is handling the sale, two sources familiar with the situation said. They asked not to be named because the process is not yet public.

A deadline has not been set for the first round of bids, but the seller has spoken to interested parties, the first source said.

The news was first reported by the Wall Street Journal, which said the company could fetch around $1.3 billion in an auction.

The newspaper reported that a number of media and private equity companies had been contacted about the potential acquisition of RiskMetrics.

According to the report, MSCI Inc MXB.N, Bloomberg, McGraw-Hill Cos Inc MHP.N and Thomson Reuters Corp (TRI.TO: Cotización)(TRI.N: Cotización) are the interested parties.

"Our favourite candidate would be MSCI. They are at the top of the list," Piper Jaffray analyst George Tong told Reuters.   Continuación...