Thomson Reuters to Acquire Hugin Group from NYSE Euronext
Thomson Reuters has signed an agreement to acquire Hugin Group, a provider of investor relations and press distribution services, from NYSE Euronext. The proposed acquisition is well aligned with Thomson Reuters’ strategy to provide its corporate clients with decision making tools across the investor relations and public relations workflows. As part of the agreement, Thomson Reuters and NYSE Euronext will expand their partnership toward offering value-added services to the issuer community.
The transaction is expected to be completed in the fourth quarter of 2009, subject to customary regulatory approvals.