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Telekurs’ Fininfo Buy May Signal Strategy for Non-Organic Growth

At 01 Jul 2007 11:27:04 in RDR-Reference Data Vendors, Reference Data Review Full content requires subscription

Telekurs’ agreement this month to acquire its former redistributor in France, Fininfo SA, may signal a new willingness on the part of the big Swiss reference and market data vendor to explore avenues for non-organic growth after decades of shunning acquisitive ventures. The €217.7 Million purchase seems to be a good fit, with Fininfo more closely resembling Telekurs Financial in terms of its business lines than any other European data vendor.

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