CMS advises Vienna stock exchange on acquisition of a majority stake in North Data
Cologne – The Vienna stock exchange (Wiener Börse AG) has acquired an 80 % majority stake in Hamburg-based North Data GmbH (North Data). With this transaction, the Vienna stock exchange is further expanding its business in corporate data.
A CMS team led by Dr Malte Bruhns provided comprehensive legal advice to the Vienna stock exchange on the transaction.
Wiener Börse is one of the leading stock exchange operators in central and eastern Europe and, in addition to securities trading, provides data, technology and infrastructure services for the capital market.
North Data operates a business information platform and aggregates data on around 100 million companies in 26 European countries from more than 160 public sources. In addition to basic data, the service includes such elements as advanced search options and interface solutions for businesses and public authorities.
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