Financial Times FT.com

Offer for Reuters raises fear of duopoly

By Andrew Edgecliffe-Johnson

Published: May 7 2007 03:00 | Last updated: May 7 2007 03:00

Thomson Corporation's £8bn approach to Reuters, which would create the world's largest financial data provider, is raising concerns among some customers and may prompt scrutiny from competition authorities, analysts cautioned yesterday.

Shares in Reuters rose 25 per cent on Friday, valuing the London-listed group at £7.75bn, after it confirmed it had received an approach.

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