S&P Global to acquire majority stake in Agusto & Company

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S&P Global has agreed to acquire a majority stake in Pan-African rating agency Agusto & Company, which operates in Nigeria, Kenya, Rwanda, and Ghana. Financial terms were not disclosed. The deal is expected to close in the second half and aims to expand market insights and strengthen credit transparency across the region. After the transaction, Agusto & Company will continue to operate as a separate ratings entity and issue its own credit ratings.

Impact on assets 1

Cloud & Digital Infrastructure▲ · 1 stocks
S&P Global Inc
SPGI
▲ PositiveCapitalrelevance

S&P Global is acquiring a majority stake in Agusto & Company, expanding its presence in Africa.

Off-coverage companies 1

Agusto & Co.Private▲ Positive
Capitalrelevance

Agusto & Company is being acquired by S&P Global, providing capital and strategic backing.