FactSet to acquire ESG provider Truvalue Labs

The transaction, expected to close later this year, is latest in ESG data house consolidation trend

Financial data provider FactSet is to acquire US-based ESG and AI specialist Truvalue Labs for an undisclosed fee. 

Truvalue Labs uses AI technology to provide daily “signals” that identify positive and negative ESG behaviour for some 19,000 companies by scanning more than 100,000…

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