Fininfo and Euronext Create Joint Venture

ORGANIZATION AND MANAGEMENT

PARIS--Information provider Fininfo last week signed a partnership agreement with Euronext to establish a joint market data venture.

Fininfo, a Paris-based provider of real-time and corporate actions data for the front and back office, will acquire a 51 percent stake in Secretariat des Valeurs Mobilieres (SVM), a subsidiary of Euronext Brussels. The cost of the acquisition was not disclosed.

SVM is a provider of corporate actions data for listed and non-listed securities for the back office a

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