In May 2007 the company Thomson Corporation announced a takeover offer for all outstanding shares of Reuters Group PLC. In consequence, shareholders will receive 352.50 pence cash and 0.16 Thomson Corporation shares for each Reuters Group PLC share they hold.
The takeover will be implemented on the basis of a scheme of arrangement.
The transaction will become effective on April 17, 2008.
For details please see circular 080/08.
FTSE Mondo Visione Exchanges Index:
Thomson Corporation: Takeover Of Reuters Group PLC
Date 11/04/2008