vwd Preps for Listed Status
vwd acquired b.i.s from French data vendor Fininfo in 2005 (IMD, Oct. 24, 2005). Friday's announcement follows a court ruling that overturned a minority shareholder petition to block the merger.
vwd had initiated a downstream merger process to merge the larger group into b.i.s, which is listed on the Frankfurt Stock Exchange, in order to obtain an exchange listing for vwd. But the planned merger hit a stumbling block when a complaint was lodged at the b.i.s extraordinary general meeting on Aug. 9
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