Thomson Reuters Completes Acquisition of Hugin Group BV from NYSE Euronext

Thomson Reuters Completes Acquisition of Hugin Group BV from NYSE
Euronext

ID: 6932

(Thomson Reuters ONE) - Oslo and New York, October 15, 2009 - Thomson Reuters today announcedit has completed the acquisition of Hugin Group BV from NYSEEuronext. Hugin is the leading pan-European provider of regulatoryand news distribution services. The acquisition reinforces ThomsonReuters commitment to serving the broad needs of investor relationsand corporate communications professionals.Hugin provides a secure, web-based communication platform thatenables clients to electronically distribute press releases in realtime. Its distribution services include over 150 news wires, 152,000journalists in Europe, 72,500 media outlets, and thousands ofinstitutional investors and analysts. Additionally, Hugin filesregulatory news with 27 stock exchanges in Europe and has integratedsolutions to fulfil regulatory requirements in 13 European countries."The Hugin acquisition supports Thomson Reuters strategy to provideits investor and public relations clients with innovative, end-to-endworkflow solutions," said Steve Roycroft, global managing director ofCorporate Services at Thomson Reuters. "This acquisition not onlybuilds on our strong position in the corporate marketplace, butstarts expanding our portfolio into new value-added areas.""The combination of Thomson Reuters and Hugin is really powerful forour joint client bases," said Tor Bækkelund, the CEO of the HuginGroup, now part of Thomson Reuters. "By integrating Hugin's assetsand capabilities, our clients will have the resources and backing ofa global brand and not only be able to rely on us for theirdisclosure, compliance and communications requirements but for theirfull corporate workflow needs."Thomson Reuters plans to operate Hugin as part of its CorporateServices business, which provides more than 6,000 corporationsworldwide with solutions across the investor relations, corporatecommunications, treasury and business intelligence functions. Itsleading portfolio includes webcasting. IR website and stocksurveillance services, as well as workflow-based Thomson ONEsolutions aimed at helping corporations manage investors, developtheir growth strategy, conduct detailed competitive intelligence andmanage their risk across the enterprise.Terms of the agreement were not disclosed.CONTACTYvonne DiazPR Director, Financial ServicesThomson Reuters+44 20 7542 2615yvonne.diaz(at)thomsonreuters.comThomson ReutersThomson Reuters is the world's leading source of intelligentinformation for businesses and professionals. We combine industryexpertise with innovative technology to deliver critical informationto leading decision makers in the financial, legal, tax andaccounting, healthcare and science and media markets, powered by theworld's most trusted news organization. With headquarters in NewYork and major operations in London and Eagan, Minnesota, ThomsonReuters employs more than 50,000 people and operates in over 100countries. Thomson Reuters shares are listed on the Toronto StockExchange and New York Stock Exchange. For more information, go towww.thomsonreuters.com.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Euronext
Bereitgestellt von Benutzer: hugin
Datum: 15.10.2009 - 07:01 Uhr
Sprache: Deutsch
News-ID 6932
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