Fladgate scores Feri rating divestment

Fladgate Fielder is advising German independent research and wealth management company Feri Rating & Research on the sale of part of its business to Reuters. Subject to approval from the German Federal Cartel Office, Reuters will acquire Feri Fund Market Information and its fund database subsidiary FI Datenservice for an undisclosed amount. The Fladgate team was led by corporate partner Alex Kaufmann, with partner Eddie Powell advising on the commercial arrangements and commercial partner Andrew Kaufman also advising. Dr Marc- Olaf Grumann led the in-house team at Feri, while Reuters was advised by Mayer Brown Rowe & Maw, with head of corporate Peter Dickinson leading.