DMGT confirms media speculation about the future of their Euromoney stake

(Reuters) – The owner of Britain’s Daily Mail newspaper said on Monday that it is considering options for its stake in Euromoney Institutional Investor Plc, but has not yet held discussions with anyone. Daily Mail and General Trust Plc holds more than 49 percent of Euromoney, which provides business-to-business information, and is its largest shareholder and founding investor.

Daily Mail said that it has not received any proposal regarding its Euromoney holding, adding that the company was reviewing options for its holding is “consistent with its strategy of increasing portfolio focus”.

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