CITIC, Caixin in $180.5M deal for Euromoney intel biz
February 13, 2018
Database Software | Hong Kong | Buyout
Euromoney has agreed to sell its global markets intelligence division to CITIC Capital and Caixin Global for $180.5 million. The deal secures the consortium a division which posted operating profits of around £11.9 million in the year to September 2017. The divestiture follows Euromoney's disposal of its minority stake in data platform Dealogic in December.