Dow Jones sells stake in Stoxx indices for €206.1m

Under the agreement, Deutsche Boerse and Six Group become sole operators of Stoxx for a total of €206.1m, comprising Dow Jones's €131.1m one-third stake and €74m for certain intellectual property rights. At the close of the transaction, Deutsche Boerse will control Stoxx through 50% ownership plus one share, while Six Group will hold 50% minus one share. The transaction is expected to be finalised before the first quarter of next year. Deutsche Boerse and Six Group plan to establish a new entity to perform index calculations, also for third-party customers. Deutsche Boerse says the ...