FRANKFURT, Aug 26 (Reuters) - The majority owner of GfK said on Friday it was not considering a sale of sharesin the German market research firm, denying a magazine reportthat had said it was eyeing a merger or sale of the group.
"The bylaws of (majority owner) GfK Verein show that a sharesale is not easily done, as the executive board and the advisoryboard would have to approve such a plan, and they are not doingthat," GfK Verein President Hubert Weiler said in a statement.
German weekly WirtschaftsWoche had reported on Thursday thatGfK's U.S. rivals Nielsen Holdings and IMS Health as well as WPP unit Kantar were interested inGfK Verein's 56.5 percent of GfK. (Reporting by Maria Sheahan; Editing by Victoria Bryan)