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June 20, 2011

Business publisher Euromoney pays £69m for US financial research company

By Dominic wireposts

Daily Mail and General Trust-owned business publisher Euromoney has agreed a £69m deal to buy Ned Davis Research Group, a US-based provider of independent financial research to instituional investors.

The deal sees Euromoney buy 87 per cent of NDRG initially with options to acquire the rest. More details in the official announcement here.

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