Thursday, June 3, 2010

Isramart: Reuters to buy Point Carbon

Isramart news:
Global information provider Thomson Reuters announced on Thursday (May 27) that it has agreed to acquire Point Carbon A/S, a Norway-based carbon market analysis group.

Point Carbon was founded in 2000 and, besides its head office in Oslo, has offices in Washington DC, London, Beijing, Kiev, Hamburg, Zürich and Malmö.
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“Point Carbon has experienced excellent growth over the last 10 years and currently holds leading positions in our areas of focus. I truly believe that combining Thomson Reuters and Point Carbon is an excellent union of forces that will take Point Carbon to the next level,” says Per-Otto Wold, chief executive officer and co-founder of the company.
The transaction is expected to close in the coming weeks. The terms of the agreement were not disclosed.