PA Media Group, the parent company of the Press Association, the national news agency for the UK and Ireland, and German news agency, dpa (Deutsche Presse-Agentur), increased their holdings in Alliance News, a London, UK-based global provider of real-time financial news.
PA Media Group and dpa have increased their combined stake to just over 21% (10.68% each) from just under 8% (3.86% each).
Both PA and dpa now will take seats on an expanded Alliance News board.
Founded in 2013 by Tom Waite, editor & chief executive officer, Alliance News provides four distinct news services for financial professionals and retail investors. The Global 500 service reports on the 500 largest and most followed listed companies in the world, while the Italian, South Africa and UK services cover every company publicly traded in those three local markets, including small-cap stocks and investment trusts. Economic and market reporting of all major economies complement the detailed equities news coverage.
Alliance News is available via a wide range of leading market-data vendors, content-aggregation platforms, and investor-information websites in the US, UK, Italy and elsewhere.
FinSMEs
05/08/2024