18 July 2018
Visit www.gemalto.com

Thomson completes Prometric sale

15 October 2007  |  1744 views  |  0 Source: Thomson Corporation

The Thomson Corporation (NYSE: TOC - News; TSX: TOC), a leading provider of information solutions to business and professional customers worldwide, today reported that it has completed the sale of Thomson Prometric to Educational Testing Service (ETS), the world's largest educational research and assessment organization, for approximately $435 million.

The purchase price includes approximately $310 million in cash plus $125 million to be paid through a promissory note due in 2014, and is subject to certain post-closing adjustments. In July 2007, Thomson announced it had entered into a definitive agreement with ETS.

Deutsche Bank Securities Inc. acted as the financial advisor to Thomson for the Prometric sale.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit https://secure.vasco.comVisit http://go.jumio.com/finextraAdVisit info.nice.com

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
9821 views comments | 3 tweets | 7 linkedin
Metro Bank opens developer portalMetro Bank opens developer portal
9798 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
9367 views comments | 6 tweets | 15 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
8614 views 19 comments | 14 tweets | 30 linkedin
Citi to streamline corporate receivables with HighRadiusCiti to streamline corporate receivables w...
8046 views comments | 1 tweets | 5 linkedin

Featured job

to GBP £120K base, double ote, benefits
Frankfurt, Germany

Find your next job