CRISIL, a leading credit rating agency, has decided to sell 90% of its equity stake in its United Kingdom arm, Gas Strategies Group (GSG).

According to sources, the company would sell the stake to the management team of its UK arm. 
 
The sources further disclosed that the remaining 10% stake will be hold by CRISIL.

Gas Strategies Group offers consulting, training and information services for the worldwide gas and liquefied natural gas (LNG) business.
 
While lecturing on the plans, Mr. Roopa Kudva, managing director and chief executive officer (CEO), CRISIL stated, “The sale of GSG is in line with our strategy to focus on emerging markets in our infrastructure advisory business. Our strategy of diversifying revenue streams over ratings, research and advisory business and across geographies has provided stability and growth over the years. We will continue to invest in all our businesses to further this strategy.”