A change of ownership for Meteo Group, providers of BBC weather forecasters.
Current parent company General Atlantic, a private equity operation, bought Meteo back in 2013, from the Press Association, for a reported 190m Euros. PA made a very healthy £125m out of the deal.
Now Zurich-based investors TBG are taking Meteo off General Atlantic's hands - and GA may well make a loss on the sale. TBG already own DTN, a group which supplies online information to weather-sensitive businesses. DTN has its headquarters in Minneapolis.
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