Edipresse Group Acquires Majority Stake in Infotec

ORGANIZATION AND STRATEGY

The Edipresse Group, an international publisher and communications group, is acquiring 70 percent of the capital of Geneva-based market data vendor Infotec.

The Edipresse Group said in a statement last week that it is taking over the holding of the founder--Sid Safa--together with a majority of the shares of the current main shareholder Compagnie Financiere Tradition, which will remain a minority partner.

Financial terms of the deal were not disclosed. The Edipresse Groupe says that Infotec's

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