Thomson Reuters Corporation acquires majority interest in Pagero - a World Leader in E-Invoicing
Acquiring Company
Thomson Reuters
Acquired Company
Pagero
Toronto
SwedenFinancial ServicesFinancial ServicesSoftwareE CommerceFintechDescription
Thomson Reuters Corporation has acquired approximately 53.81 per cent of the shares in Pagero Group AB (publ) from key shareholders, making Thomson Reuters the majority shareholder. This acquisition reinforces Thomson Reuters' commitment to enhancing its indirect tax offerings and providing automated, secure, and compliant tax solutions to its global customer base. The acquisition aligns with the companies' joint vision for a connected suite of global indirect tax, reporting, and e-invoicing capabilities, and ensures continuity for Pagero's community of indirect tax customers.
Quick answer
Thomson Reuters is acquiring Pagero, announced January 15, 2024. Thomson Reuters is based in Toronto, Ontario, Canada.
- How much did Thomson Reuters pay for Pagero?
- The deal value was not disclosed.
- What does Thomson Reuters do?
- Thomson Reuters Corporation is a global content and technology company that provides tailored information, essential insights, innovative solutions, and tools to professionals in the legal, tax and accounting, news and..
- Where are Thomson Reuters and Pagero based?
- Thomson Reuters is based in Toronto, Ontario, Canada. Pagero is based in Sweden.
Source: Fundz verified event record.
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Frequently asked
Who acquired Pagero?
Pagero was acquired by Thomson Reuters, based in Toronto. The deal was reported on January 15, 2024. Thomson Reuters is publicly traded (TRI) and operates in Financial Services.
When did Thomson Reuters acquire Pagero?
Thomson Reuters's acquisition of Pagero was reported on January 15, 2024. Thomson Reuters Corporation has acquired approximately 53.81 per cent of the shares in Pagero Group AB (publ) from key shareholders, making Thomson Reuters the majority shareholder. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pagero do?
Pagero Group AB (publ) is a world leader in e-invoicing and indirect tax solutions, facilitating the automated, compliant, and secure exchange of digital orders, invoices, and other business documents through its Smart Business Network. It is privately held, operating in Financial Services, and is based in Sweden.
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