Thomson Reuters to Acquire Hugin Group BV from ...
New York & Oslo, September 21, 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.
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.
Thomson Reuters
Thomson Reuters is the world's leading source of intelligent
information for businesses and professionals. We combine industry
expertise with innovative technology to deliver critical information
to leading decision makers in the financial, legal, tax and
accounting, healthcare and science and media markets, powered by the
world's most trusted news organization. With headquarters in New
York and major operations in London and Eagan, Minnesota, Thomson
Reuters employs more than 50,000 people and operates in over 100
countries. Thomson Reuters shares are listed on the Toronto Stock
Exchange and New York Stock Exchange. For more information, go to
www.thomsonreuters.com.
The Corporate Services business of Thomson Reuters provides more
than 6,000 corporations worldwide with solutions across the Investor
Relations, Corporate Communications, Treasury and Business
Intelligence functions. Leveraging more than two decades of
experience, the solutions are designed to increase the efficiency and
effectiveness of business decision-making.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets
and provider of innovative trading technologies. The company's
exchanges in Europe and the United States trade equities, futures,
options, fixed-income and exchange-traded products. With more than
8,000 listed issues, NYSE Euronext's equities markets -- the New York
Stock Exchange, Euronext, NYSE Arca and NYSE Amex -- represent nearly
40 percent of the world's equities trading, the most liquidity of any
global exchange group. NYSE Euronext also operates NYSE Liffe, the
leading European derivatives business and the world's second-largest
derivatives business by value of trading. The company offers
comprehensive commercial technology, connectivity and market data
products and services through NYSE Technologies. NYSE Euronext is in
the S&P 500 index, and is the only exchange operator in the S&P 100
index and Fortune 500. For more information, please visit:
http://www.nyx.com
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
NYSE Euronext Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements include, but are not limited to, statements concerning
NYSE Euronext's plans, objectives, expectations and intentions and
other statements that are not historical or current facts.
Forward-looking statements are based on NYSE Euronext's current
expectations and involve risks and uncertainties that could cause
actual results to differ materially from those expressed or implied
in such forward-looking statements. Factors that could cause NYSE
Euronext's results to differ materially from current expectations
include, but are not limited to: NYSE Euronext's ability to implement
its strategic initiatives, economic, political and market conditions
and fluctuations, government and industry regulation, interest rate
risk and U.S. and global competition, and other factors detailed in
NYSE Euronext's reference document for 2008 ("document de référence")
filed with the French Autorité des Marchés Financiers (Registered on
April 28, 2009 under No. R. 09-031), 2008 Annual Report on Form 10-K
and other periodic reports filed with the U.S. Securities and
Exchange Commission or the French Autorité des Marchés Financiers. In
addition, these statements are based on a number of assumptions that
are subject to change. Accordingly, actual results may be materially
higher or lower than those projected. The inclusion of such
projections herein should not be regarded as a representation by NYSE
Euronext that the projections will prove to be correct. This press
release speaks only as of this date. NYSE Euronext disclaims any duty
to update the information herein.
Thomson Reuters Cautionary Note Regarding Forward-Looking Statements
This news release includes forward-looking statements that are based
on certain assumptions and reflect Thomson Reuters current
expectations. Forward-looking statements are those that are not
historical facts and include Thomson Reuters expectations about the
proposed Hugin acquisition. Forward-looking statements are subject to
a number of risks and uncertainties that could cause actual results
or events to differ materially from current expectations. Some of
the factors that could cause actual results to differ materially from
current expectations include the need to satisfy conditions to
closing, risks related to Thomson Reuters Corporate Services
business' ability to successfully integrate the Hugin business after
the closing, and actions of competitors. Additional factors are
discussed in the materials filed by Thomson Reuters from time to time
with securities regulatory authorities. Thomson Reuters disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, other than as required by law, rule or regulation.
CONTACT
Thomson Reuters
Yvonne Diaz
PR Director
+44 20 7542 2615
yvonne.diaz@thomsonreuters.com
NYSE Euronext
Ray Pellecchia
Corporate Communications
+1 212.656.2001
rpellecchia@nyx.com
Hugin Group
Tor Bækkelund
CEO
+47 416 95 241
tor.baekkelund@hugingroup.com
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.