Thomson Reuters to acquire Hugin Group BV from NYSE Euronext

Thomson Reuters to acquire Hugin Group BV from NYSE Euronext

21/09/09

Thomson Reuters today announced that it has signed an agreement to acquire Hugin Group BV from NYSE Euronext. Thomson Reuters proposed acquisition of Hugin is well aligned with its strategy to provide its corporate clients with effective decision making tools across the investor relations and public relations workflows. As part of the agreement, Thomson Reuters and NYSE Euronext will expand their strategic partnership toward offering value-added services to the issuer community.

Since its start in Oslo, Norway in 1995, Hugin has built its position as the leading pan-European provider of investor relations and press distribution services and it currently helps over 1,700 companies in Europe to meet their communications and disclosure obligations. In recent years, Hugin has introduced solutions for the newly implemented EU regulatory framework and continues to develop innovative technology and workflow solutions for IR and PR professionals for the global market.

The transaction is expected to be completed in the fourth quarter of 2009, subject to customary regulatory approvals. Terms were not disclosed.