Reuters Buys Ecowin
ORGANIZATION & STRATEGY
Reuters is to acquire global macroeconomic data and analysis vendor EcoWin, officials confirmed last week, following rumors about a deal.
Reuters will purchase all the share capital of the Swedish company for $40 million, along with an adjustment for cash and working capital at the date of completion. The deal is expected to be complete—subject to the usual regulatory approvals and other closing conditions—by the end of the year.
EcoWin, which was established in 1994, offers an economic database
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