Join the Community

22,580

Expert opinions

44,644

Total members

554

New members (last 30 days)

214

New opinions (last 30 days)

28,875

Total comments

Join Sign in

Just how much is Thomson Reuters worth?

08 July 2008 Be the first to comment

Paul Penrose

Head of Research

Finextra

Further to my previous post on Merrill Lynch's ruminations over whether or not to shed its 20% stake in Bloomberg (Just how rich is Michael Bloomberg?), maybe we should also be asking: Just how much is Thomson Reuters worth?

Shares in the vendor rose 48p to £13.07 Monday as brokers began to re-evaluate the company in light of the £3 billion to £6 Billion valuations attached to Merrill's stake in Bloomberg.

Citigroup noted that a deal at this price would value Thomson Reuters at somewhere between £18.70 and £32.50 per share.

However, the broker added: "Unfortunately a re-rating of Thomson Reuters is not a certainty even if Merrill is successful in selling the Bloomberg stake in the speculated range, given the level of uncertainty over the outlook for the financial services end-market."

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

7919

Report

Channels

/wholesale banking

Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. This is a community for discussing the index, its movements and wider M and A activity in the fintech world.

Join group

43 opinions 6 members 05 June 2009

Comments: (0)

Paul Penrose

Head of Research

Finextra

Member since

06 Oct 2006

Location

London

More expert opinions

Luke Allchin Director - North America at RFI Global