Slaughter and May is advising Moody’s on its acquisition of a majority stake in MERIS Ratings

Slaughter and May is advising Moody’s Corporation (Moody’s) in relation to its agreement to acquire a majority equity stake in Middle East Rating & Investors Service (MERIS). MERIS is a domestic credit rating agency in Egypt, providing national scale credit ratings for a diverse range of sectors. The transaction extends the long-established partnership between the companies and deepens Moody’s presence in the Middle East and Africa. 

The transaction is subject to regulatory approvals. 

Slaughter and May acted as deal counsel with support from Shahid Law Firm in Egypt.