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Press release

Redeye: Pagero - Cash offer of SEK50 per share from Thomson Reuters new base case

Pagero Group

Redeye has revised its fair value range following Thomson Reuters’ cash offer of SEK50 per share. We contend that this offer represents a fair price, leading us to adopt it as our new base case. However, the share price has traded above the new bid level, thus suggesting that the market believes there is a chance of yet another raise. Still, on Sunday, January 14, one of the three bidders, Vertex, withdrew its offer to acquire Pagero.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

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Pagero - Cash offer of SEK50 per share from Thomson Reuters new base case

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