BUZZ-Euromoney: Slumps on Daily Mail and General Trust stake sale

** Shares (Berlin: DI6.BE - news) in Euromoney (-10.71 pct) after Daily Mail and General Trust (DMGT) says it will cut its holding to c.49 pct from c.67 pct to improve its investment portfolio and lower its debt

** DMGT, the publisher of the Daily Mail, says it will sell c.32.3 mln ordinary shares at a price of 975p per share to raise c.315 mln stg

** Euromoney says to buy c.19.2 mln of its own shares under buyback, representing 15 pct of its issued share capital

** Liberum analysts say DMGT may look to sell more of its stake in the future and use the proceeds to fund deals in events or information

** The analysts add sale will allow Euromoney to be more flexible in its strategy without the need to take DMGT's consolidated balance sheet into account and that DMGT will look to make acquisitions in a relatively short time

** Euromoney worst performer on the FTSE Midcap Index . DMGT down 2.2 pct (Reuters Messaging: noor.hussain.thomsonreuters.com@reuters.net)