Genstar makes 2.5x in 3 years as it sells ISS to Deutsche Börse

Sale of US voting and ESG house to German exchange signals huge shift in EU ESG business and finance reality

Frankfurt Stock Exchange
Frankfurt Stock Exchange

Deutsche Börse, the German stock exchange group, has bought ISS, the US proxy voting and ESG data firm, in a move that underscores the regulatory charge of ESG on mainstream financial services in the EU. 

The owner of the Frankfurt stock exchange has taken an 80% stake in ISS from…

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