Did it expect such a large return?
By Tony Hallett
Published: 22 January 2004 08:50 GMT
Reuters is set to raise as much as half a billion dollars from the disposal of a large part of its stake in integration-software company Tibco.
Reuters will make a public offering of 40 million Tibco shares, with the opportunity to increase that to 60 million. Given that Tibco has agreed to buy $115m of its own common stock from Reuters, it looks like the UK-based information provider could pocket about $500m.
Reuters currently owns 49 per cent of Palo Alto-based Tibco. The offering will be led by Goldman Sachs.
In recent months, Reuters has said it will concentrate on its core business.
EAI Integration Architect, (EAI, SOA, BPM, Tibco) EAI Integration Architect (EAI, SOA, BPM, Tibco) An Integration Architect is required to join a ...
Our client requires a Tibco iProcess technical specialist with strong knowledge in the following: - Process models and implementation (Tibco business ...
Tibco Consultant, IProcess, Busienss Works, SOA/BMP - Must have worked in an Investment Bank. Our client requires a Tibco Consultant to join a team ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Digg
Slashdot
Del.icio.us
Stumble
Reddit
RSS Feeds
Nick Heath Your top HR tech priorities for next year revealed How to make human resources IT work for you
Bob Tarzey Why you must rein in your power users When they do damage, it can be catastrophic to your business