Morningstar, a provider of independent investment research, completed the acquisition of Sustainalytics, a company that rates the sustainability of listed companies based on their environmental, social and corporate governance performance, for €170m ($185m). "This new ownership structure will amplify our ability to bring meaningful ESG insights, products, and services to the global investment community and to companies around the world. Importantly, I am thrilled that my colleagues and I are joining a firm with a belief in our mission and intent to help us further expand our reach," Michael Jantzi, Sustainalytics CEO.