Vwd Buy-out Sparks News Sell-off to DJN


German market data vendor and news provider vwd (Vereinigte Wirtschaftsdienste) will sell its newswire business to Dow Jones Newswires (DJN) for e9.8 million ($12 million) as it restructures to focus solely on providing market data services to financial institutions.

The sale was prompted by a takeover bid by Edmund Keferstein, a former managing director who left the vendor in 1988 to join German newspaper group Frankfurter Allgemeine Zeitung (FAZ), which is now a shareholder in vwd. Keferste

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: