AFTER nearly three years, Citicorp has found a taker for its I/B/E/S Inc. earnings forecasting unit: Dutch publishing group VNU's Disclosure Inc. The deal relieves Citi of a non-core business unit and will help Disclosure bolster its suite of fundamental information on public companies.
Edward Keon, vice president of marketing at I/B/E/S, declines to say what Disclosure paid for I/B/E/S. However, he says that I/B/E/S fetched a much higher sales price now than it was slated to under an agreeme
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails