Posted by mincho2008
Thursday, 24 September 2009
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.
=> information is everything only if one gives you direction and instruction to great decision making. This is what kind of service the world is looking for.
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.
About Hugin Group BV
Hugin Group is the leading pan-European provider of innovative services and professional support for connecting communication professionals with their target audiences. At the same time, Hugin ensures compliance with market authorities' regulations. From its start in 1995, Hugin has pioneered the regulatory and news distribution service industry, developing methods driving best practice. Hugin helps companies with their complete distribution and compliance needs. Hugin's distribution channels connect companies directly to hundreds of thousands of journalists, analysts, institutional investors and their specific stakeholders. Hugin Group is the favored partner of Investor Relations and Public Relations Officers, offering a full range of services including: financial, regulatory and media news distribution, online services, broadcast services and client services. Hugin Group today forms an international group present in 11 countries through 12 offices in Belgium, France, Denmark, Finland, Germany, Norway, Poland, Portugal, Sweden, Switzerland, The Netherlands and The United Kingdom. Hugin solution is technically integrated to 27 stock exchanges in 15 markets. Hugin has more than 1700 clients in 26 countries. For more information, go to www.hugingroup.com
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