Financial Times FT.com

Thomson and Reuters upbeat on bid clearance

By Andrew Edgecliffe-Johnson in London

Published: October 26 2007 00:44 | Last updated: October 26 2007 00:44

Thomson Corporation and Reuters on Thursday expressed confidence in securing clearance for the Canadian group’s £9bn ($18.4bn) bid for its London rival without major concessions as each reported better third-quarter figures than expected.

Regulators have sent questionnaires to customers and competitors of the two groups, focusing on possible concerns over their provision of real-time market data, earnings estimates, historical data, information on deals and news.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this