Data Explorers in "strategic review"
02 December 2011 London
Data Explorers is conducting a strategic review with Deutsche Bank, attracting media speculation towards a potential sale.
In a recent article, the Daily Telegraph has speculated an asking price of 拢300 million for the securities lending data firm, which sells data on some 拢2 trillion of short positions taken against companies and adds that interest is expected from such firms as Thomson Reuters.
Data Explorers declined to comment, however, a spokesperson said that it is business is usual and the service to clients remains unaffected.
In a recent article, the Daily Telegraph has speculated an asking price of 拢300 million for the securities lending data firm, which sells data on some 拢2 trillion of short positions taken against companies and adds that interest is expected from such firms as Thomson Reuters.
Data Explorers declined to comment, however, a spokesperson said that it is business is usual and the service to clients remains unaffected.
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