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NYSE Euronext Agrees to Sell Hugin Group to Thomson Reuters
Tuesday, September 22, 2009 6:51 AM


(Source: MARKETWIRE)trackingMarlin & Associates New York LLC ("M&A"), the boutique investment banking firm specializing in acquisitions and divestitures of U.S. and international middle-market technology, information and business services firms, today announced that M&A client NYSE Euronext has signed an agreement to sell Hugin Group to Thomson Reuters. As part of the agreement, Thomson Reuters and NYSE Euronext will expand their strategic partnership toward offering value-added services to the issuer community.

Based in Oslo, Norway, with offices in Paris, France, and Leipzig, Germany, Hugin has built its position as the leading pan-European provider of investor relations and press distribution services. Currently, Hugin helps over 1,700 companies in Europe to meet their communications and disclosure obligations. In recent years, Hugin has introduced solutions for the newly implemented EU regulatory framework and continues to develop innovative technology and workflow solutions for IR and PR professionals for the global market.

Marlin & Associates initiated the transaction, managed the process, assisted in the negotiations and acted as exclusive strategic and financial advisor to NYSE Euronext. The transaction is expected to be completed in the fourth quarter of 2009, subject to customary regulatory approvals.

"Hugin is an attractive company with well-respected products, broad customer penetration and strong leadership," said Ken Marlin, M&A's Founder and Managing Partner. "Several years ago, we advised the previous owners of Hugin on their strategic options and on their ultimate sale to Euronext. And, it was a particular honor to have NYSE Euronext select us to advise them on this process. We're pleased with the results. Hugin should be a great fit with Thomson Reuters."

About Hugin Group

Hugin Group is the leading pan-European provider of innovative services and professional support for connecting communication professionals with their target audiences. At the same time, Hugin ensures compliance with market authorities' regulations. From its start in 1995, Hugin has pioneered the regulatory and news distribution service industry, developing methods driving best practice. Hugin helps companies with their complete distribution and compliance needs. Hugin's distribution channels connect companies directly to hundreds of thousands of journalists, analysts, institutional investors and their specific stakeholders. Hugin Group is the favored partner of Investor Relations and Public Relations Officers, offering a full range of services including: financial, regulatory and media news distribution, online services, broadcast services and client services.



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