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In the first day of trading since McGraw-Hill (MHFI) announced its open offer for up to 22.23%...

In the first day of trading since McGraw-Hill (MHFI) announced its open offer for up to 22.23% of Crisil, India's ratings counterpart to McGraw-owned S&P, shares jumped the full 20% allowed in a single day's trading on the BSE. McGraw-Hill Financial was already the majority shareholder in Crisil but seeks to increase its stake to 75%. Once completed, the transaction, which will be financed with existing cash resources, is expected to be immediately accretive to MHFI's EPS.
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