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Reuters acquires Indian Telerate business

Reuters (LSE: RTR, NASDAQ: RTRSY) today announced that it has acquired the Telerate distribution business of Indian firm IQS (Indian Quotation Systems Private Limited).

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This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

The value of the gross assets acquired in this transaction is US $1.7 million.

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