Dow Jones & Company, a US news and information company and publisher of The Wall Street Journal, is to buy Financial News for £30m (€44.1m).
The deal, which is expected to close in the second quarter, will involve Dow Jones acquiring the entire share capital of eFinancialNews Holdings Ltd, the parent company of the weekly newspaper Financial News, the daily website Financial News Online, the weekly newsletter Private Equity News, and the group's fast-growing events and training business.