Singhania & Partners and Khaitan advise on McGraw Hill’s open offer of Rs. 1900 crore for 22.23% stake in CRISIL

McGraw Hill Financial Inc, that owns Standard & Poor’s rating agency is making a voluntary open offer to acquire up to 22.23 per cent additional stake in CRISIL Ltd to increase its holding to 75 per cent from 52.77 per cent.