Sun, 05 Aug 2018 02:46 IST
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Moody’s Reports that Roper’s Baa2 Rating Remains Unaffected by Sunquest Acquisition

New York, July 31 (alphajetsusa.com) – Analysts at Moody’s Investors Service has reported that Roper Industries (NYSE: ROP) Baa2 rating and stable outlook were not affected by the company’s announcement that it has agreed to acquire Sunquest Information Systems Inc for around $1.4 billion in cash.

Roper Industries has its headquarters in Sarasota, Florida and is a highly diversified company which designs, manufactures and distributes engineered products for industrial, medical and energy end markets. The company also offers software solutions and services for applications and includes electronic tolling, freight matching and food services. Revenues for the twelve months has been around $2.9 billion.