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Reuters leaps into bond market with $200m Telerate buy

Reuters, the news and information group, has confirmed that it has bought Telerate, the bond data firm, in a deal worth almost $200m (€149.7m).

The news firm, which was advised by ABN Amro, is to pay $100m in cash to One Equity Partners, Telerate's private equity owner. Citigroup advised Telerate.

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