Thomson Reuters Successful Acquisition of Pagero Paves the Way for Significant Growth Opportunities
Acquiring Company
Thomson Reuters
Acquired Company
Pagero
Toronto
SwedenFinancial ServicesFinancial ServicesSoftwareE CommerceFintechDescription
Thomson Reuters Corporation has successfully acquired Pagero Group AB, a global leader in e-invoicing and indirect tax solutions, for a purchase price of approximately USD 800 million / SEK 8.1 billion. The acquisition aims to accelerate the joint vision of creating a globally connected suite of e-invoicing and indirect tax solutions and strengthen the strategic portfolio of Thomson Reuters, providing significant growth opportunities.
Quick answer
Thomson Reuters is acquiring Pagero, announced February 26, 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 February 26, 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 February 26, 2024. Thomson Reuters Corporation has successfully acquired Pagero Group AB, a global leader in e-invoicing and indirect tax solutions, for a purchase price of approximately USD 800 million / SEK 8.1 billion. 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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