Morningstar to Expand LIM Coverage

The deal-expected to close on Dec. 21, subject to approval by LIM's shareholders-will give Morningstar a foothold in the commodities and energy markets.

"Our main interest is to gain access to new industries... and to use this as a foundation for growth where we see a lot of opportunities in future," says Kishore Gangwani, senior vice president of corporate sales and business development at Morningstar, who will become president of LIM following the deal, while current LIM president and chief exe

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