Telekurs Financial Sale Rumored


Rumors that Swiss market data vendor Telekurs Financial is up for sale appear to be unfounded, Inside Market Data has learned.

A source tells IMD that parent company Telekurs Group, a joint venture of the Swiss banks, is courting interest from Reuters, Standard & Poor’s (S&P) and Thomson Financial about a possible acquisition.

A market data consultant who deals with mergers and acquisitions has also heard the rumors, although he believes that the company is not formally on the block. "It’s mo

To continue reading...