secwatch.observer — SEC 8-K summary
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Issuer:     MSCI Inc. (MSCI)
CIK:        0001408198
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001408198-23-000044
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MSCI acquires remaining 66% of Burgiss for $697M, expanding private assets
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- MSCI pays $697M cash for remaining 66% stake; aggregate investment of $913M since Jan 2020.
- Burgiss covers 13,000+ private asset funds with $15T in cumulative investments across 195 countries.
- Burgiss expected to generate over $90M revenue in 2023 with mid-teens EBITDA margin.
- Transaction expected to close in Q4 2023, subject to regulatory approvals.
- Burgiss will be reported under MSCI's All Other – Private Assets segment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408198/000140819823000044/0001408198-23-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408198/000140819823000044/msci-20230814.htm
  HTML page:      https://secwatch.observer/filing/0001408198-23-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer