Private equity group BC Partners has agreed to sell the owner of financial information service Mergermarket to Ion Group in a £1.35bn deal.
BC Partners bought Mergermarket for £382m in 2013 from Pearson, then owner of the Financial Times.
The sale of Acuris, as the business is now known, will extend the expansion of Ion, a financial software and data business, into trading and cash management tools, data and analytics for capital markets.
Read the full article [here][1].
[1]: https://www.ft.com/content/6c3ae9bc-749e-11e9-be7d-6d846537acab
