MMS sale rumours revived
NEWS
LONDON – Mike Arora, the former Dow Jones Newswire EMEA marketing director, is believed to be heading a bid to acquire Standard & Poor’s MMS’s commentary and analytics division. Sources have told FX Week sister publication Inside Market Data that Arora is negotiating financial support for the bid, with venture capitalist Alchemy Partners.
Arora declined to confirm the report circulating the market when contacted last week, saying it was “too premature” to make a comment.
Alan Parmenter
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