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PAGERO - PAGERO STOCK NEWS

Welcome to our dedicated page for PAGERO news (Ticker: PAGERO), a resource for investors and traders seeking the latest updates and insights on PAGERO stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PAGERO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PAGERO's position in the market.

Rhea-AI Summary
Thomson Reuters Corporation successfully completes the acquisition of Pagero Group AB for approximately USD 800 million, enhancing their e-invoicing and indirect tax solutions. The acquisition marks the sixth deal closed by Thomson Reuters since January 1, 2023, with a total acquisition value of approximately $2.1 billion. Pagero's Smart Business Network connects 90,000 customers to 14 million companies, enabling automated and secure document exchange. The acquisition aims to accelerate the companies' shared vision for a globally connected suite of e-invoicing capabilities.
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Rhea-AI Summary
Thomson Reuters acquires Pagero Group AB for approximately $800 million, enhancing their e-invoicing and indirect tax solutions globally. The acquisition strengthens Thomson Reuters' portfolio with exciting growth prospects and aligns with the companies' joint vision for a connected suite of e-invoicing capabilities.
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Thomson Reuters Corporation has acquired 53.81% of the shares in Pagero Group AB, making it the majority shareholder. The acquisition of Pagero, a global leader in e-invoicing and indirect tax solutions, will enhance Thomson Reuters' indirect tax offerings. The acquisition is aimed at providing enhanced compliance and workflow automation benefits to customers and is expected to yield significant benefits for customers, including enhanced compliance capabilities, workflow automation, and global scale through a single trusted vendor. The total value of the Revised Offer amounts to approximately SEK 8.1 billion and represents a premium of 11.1% compared to the public cash offer of SEK 45 from Avalara1. The acceptance period for the Offer expires on 9 February 2024 17:00 CET.
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Thomson Reuters Corporation (TRI) announces a recommended public tender offer to acquire 100% of the shares of Pagero Group AB (PAGERO) at a price of SEK 40 per share, valuing all shares in Pagero at approximately SEK 6.4 billion. Pagero is a global leader in e-invoicing and indirect tax solutions, with a Smart Business Network that enables automated, compliant, and secure exchange of digital orders, invoices, and other business documents. The acquisition is expected to accelerate the joint vision for a connected suite of global indirect tax, reporting, and e-invoicing capabilities, enhancing compliance and workflow automation benefits for customers.
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