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Thomson Reuters said it increased its offer to 50 crowns per Pagero share, valuing the company at 8.1 billion crowns and topping an offer of 45 crowns per share from U.S.-based sales and tax management services company Avalara Inc. Thomson Reuters said it has bought about 53.81% of Pagero's shares and votes from key shareholders, including Summa Equity as well as Pagero CEO and other company executives and employees at the new offer price, which is for all Pagero shareholders.

Thomson reuterBengt nilssonGokul pisharodySavio dsouzaAvalara incThomson reutersSumma equitySaviod souzaCompany executivesTax management services