VERX - Thomson Reuters Proposes $627M Bid To Buy E-Invoicing Company Pagero Outbidding Vertex's Offer | Benzinga
Thomson Reuters Corp (NYSE:TRI) disclosed a public tender offer to fully acquire Pagero Group AB for SEK 40 in cash per share, with a total valuation of about SEK 6.4 billion (about $627 million).
Pagero is an e-invoicing and indirect tax solutions provider that links customers, suppliers, and institutions.
The offer represents a premium of 11.1% vs. closing price of SEK 36 for its shares on Nasdaq First North on January 10, 2024, and 15.6% vs. the volume-weighted average price of Pagero’s shares on Nasdaq First North during the 30 latest trading days up to and including January 10, 2024 and 26.8% vs. the ...