お知らせ • Feb 27
Thomson Reuters Corporation (TSX:TRI) completed the acquisition of Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab, Bengt Nilsson, Summa Equity Fund I, a fund managed by Summa Equity AB and others. Thomson Reuters Corporation (TSX:TRI) made a public tender offer to acquire Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab, Bengt Nilsson, Summa Equity Fund I, a fund managed by Summa Equity AB and others for SEK 6.4 billion on January 11, 2024. As on January 15, 2024, Thomson Reuters Corporation (TSX:TRI) made a public tender offer to acquire Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab, Bengt Nilsson and others for SEK 8.1 billion. The offer price per share is SEK 40. The Offer is not subject to any financing contingency. The consideration payable in respect of the Offer is fully financed through funds currently available to Thomson Reuters. The Offer is conditioned by acceptance by over 90 per cent of the Company's shareholders. As on January 15, 2024, since the announcement of the Offer, Thomson Reuters acquired 86,720,670 shares in Pagero from inter alia Summa Equity and Pagero’s CEO Bengt Nilsson, equal to 53.81% of all shares and all votes in Pagero. Thomson Reuters increases the price of its Offer from SEK 40 to SEK 50 in cash per share. The independent bid committee of Pagero's board today unanimously recommends all shareholders in Pagero to accept the Revised Offer and declares the Offer unconditional. On January 16, 2024, Thomson Reuters acquired additional shares and became the owner of approximately 59.3% of the shares in Pagero. As of January 18, 2024, Avalara, Inc. has decided to withdraw the Offer. As of February 2, 2024, Thomson Reuters now controls approximately 84.53% stake in Pagero Group.Morgan Stanley & Co. LLC acted as a financial advisor, and Linklaters LLP acted as a legal advisor to Thomson Reuters Corporation. Lazard Canada Inc & Lazard AB acted as financial advisor and Advokatfirman Cederquist KB acted as legal advisor to Pagero Group AB (publ).Thomson Reuters Corporation (TSX:TRI) completed the acquisition of Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab, Bengt Nilsson, Summa Equity Fund I, a fund managed by Summa Equity AB and others on February 26, 2024. お知らせ • Jan 16
Vertex, Inc. (NasdaqGM:VERX) cancelled the acquisition of Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab and others. Vertex, Inc. (NasdaqGM:VERX) made a public tender offer to acquire Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab and others for SEK 5.8 billion on December 13, 2023. Vertex intends to fund the transaction with proceeds from its existing undrawn revolving credit facility and from issuance of a new series of Convertible Preferred Stock in the amount of SEK 5.2 billion to Silver Lake. As of January 11, 2024, Thomson Reuters Corporation (TSX:TRI) made a public tender offer to acquire Pagero Group AB (publ) (OM:PAGERO) for offer price per share of SEK 40. As of January 12, 2024, Avalara, Inc. made a public tender offer to acquire remaining 86.3% stake in Pagero Group AB (publ) (OM:PAGERO) for offer price per share of SEK 45.
Vertex has also received irrevocable undertakings to accept the offer from Pagero's two largest shareholders Vålåuggen Invest AB and Norelia AB in total representing approximately 40.4%. Vertex has been informed by the independent bid committee of the Board of Directors of Pagero of its resolution to unanimously recommend the shareholders of Pagero to accept the public offer made by Vertex. The offer is subject to certain regulatory approvals, the receipt of valid tenders of more than 90% of Pagero's shares and customary closing conditions. The acceptance period of the offer is expected to commence on or around December 15, 2023 and expire on or around January 23, 2024. The transaction is expected to be accretive to Vertex's margins in the second full year after closing, with additional opportunity to increase revenue synergies and cost benefits in the medium to long term.
Greenhill acted as financial advisor and DLA Piper acted as legal advisor to Vertex. Centerview Partners acted as financial advisor to Vertex. Lazard AB acted as financial advisor to Pagero Group AB.
Vertex, Inc. (NasdaqGM:VERX) cancelled the acquisition of Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab and others on January 14, 2024. お知らせ • Dec 14
Vertex, Inc. (NasdaqGM:VERX) made a public tender offer to acquire Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab and Norelia AB for SEK 5.8 billion. Vertex, Inc. (NasdaqGM:VERX) made a public tender offer to acquire Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab and Norelia AB for SEK 5.8 billion on December 13, 2023. Vertex intends to fund the transaction with proceeds from its existing undrawn revolving credit facility and from issuance of a new series of Convertible Preferred Stock in the amount of SEK 5.2 billion to Silver Lake. Vertex has also received irrevocable undertakings to accept the offer from Pagero's two largest shareholders Vålåuggen Invest AB and Norelia AB in total representing approximately 40.4%. Vertex has been informed by the independent bid committee of the Board of Directors of Pagero of its resolution to unanimously recommend the shareholders of Pagero to accept the public offer made by Vertex. The offer is subject to certain regulatory approvals, the receipt of valid tenders of more than 90% of Pagero's shares and customary closing conditions. The acceptance period of the offer is expected to commence on or around December 15, 2023 and expire on or around January 23, 2024. The transaction is expected to be accretive to Vertex's margins in the second full year after closing, with additional opportunity to increase revenue synergies and cost benefits in the medium to long term.Greenhill acted as financial advisor and DLA Piper acted as legal advisor to Vertex. お知らせ • Oct 05
Pagero Group AB (publ) Launches Launch of Its Upgraded Pagero Network, Bringing A New User Interface and New Features to Market Pagero Group AB (publ) announced the launch of its upgraded Pagero Network, bringing a new user interface and new features to market. With the upgrade, it is now easier than ever before for users to find and connect with other businesses on the network. In addition to a new interface, users get access to a wide range of new functionalities and features, such as: Search lets a user search for and connect with customers and suppliers available on Pagero Network; Profile lets a user build a business profile that is visible to existing and potential customers and suppliers on the platform; Monitor lets users upload lists of existing customers and suppliers to see which of them are available on Pagero Network; Invite help users invite customers and suppliers to sign up to Pagero Network.