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Image header Agence Europe
Europe Daily Bulletin No. 8953
Contents Publication in full By article 26 / 37
GENERAL NEWS / (eu) eu/competition

Conditional approval for acquisition of Telerate by Reuters

Brussels, 24/05/2005 (Agence Europe) - The European Commission has approved the acquisition of the US financial market data provider, Moneyline Telerate Holding, by its main rival, British Reuters Limited. The transaction is for EUR 175 million and was endorsed further to the commitment of both parties to provide a global exclusive licence for Telerate's MDP product to US Hyperfeed Technologies, a provider of financial market data technology. These platforms allow financial market data to be...

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