Ion Investment to Buy Controlling Stake in Dealogic from Carlyle, Euromoney

11/26/17

Financial technology company Ion Investment Group said on Wednesday it would buy a controlling stake in Dealogic, which provides financial content and analytics, from Carlyle Group LP (CG.O) and Britain’s Euromoney Institutional Investor (ERM.L).

Ion and Carlyle did not provide financial terms of the deal in a statement, but said that Carlyle would retain “significant ownership” in Dealogic. [nBwDXMBfa]

European financial publisher Euromoney said it would sell its entire stake in Dealogic to Ion Investment for about $135 million. Euromoney had acquired a 15.5 percent stake in Dealogic for $59.2 million in 2014.

READ FULL ARTICLE HERE

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.