Dow Jones sells its share in Economia

The American publishing and financial information company Dow Jones has sold its 23.5 percent stake in the Czech Republic-based firm Economia, to majority German share-holder Verlagsgruppe Handelsblatt. The announcement was made on Friday. The amount Dow Jones sold for is roughly twenty million US dollars. Economia is the publisher of the well-known Czech financial daily Hospodarske noviny, as well as the business weekly Ekonom. Remaining shares in Economia are owned by management as well as by the Czech CTK news agency.