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BtoB

Dow Jones exploring sale of its Industrial Average

By Published on .

New York—Dow Jones & Co. is exploring the sale of its stock market indexing business, including the Dow Jones Industrial Average, according to a story Saturday in The Wall Street Journal.

Dow Jones & Co., which is owned by News Corp., publishes the Journal. A Dow Jones spokesman declined to comment on the report.

The story, which said Goldman Sachs is handling the process, mentioned MSCI Inc. as a potential buyer. Exploring this sale is a sign that News Corp. plans to focus on Dow Jones' core assets, such as the Journal, and is open to divesting assets such as the Ottaway newspapers and Far Eastern Economic Review, sources said.

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