Loan Pricing Corporation buys Asian news provider

London August 23 ' Loan Pricing Corporation (LPC), a Reuters subsidiary and source of loan market information in the Americas, Europe, Middle East and Africa, has acquired Hong Kong-based Basis Point Publishing Limited. The net assets of Basis Point on 31 March 2001 were $43,447. The acquisition of Basis Point, a source of Asian debt market news and analysis since 1992, will expand LPC's coverage in the Asian markets and is intended to firmly position LPC as a premier provider of market information for the global commercial loan market. LPC will integrate Basis Point's data into its a...