NEWS31 March 2011

Toluna shareholders agree to private equity takeover

M&A UK

UK— Toluna shareholders have approved the £161m sale of the online research company to an investment group led by minority shareholder Verlinvest and supported by CEO Frédéric-Charles Petit (pictured).

The deal is expected to be wrapped up completely by 19 April when trading in Toluna’s shares on the AIM stock exchange will be cancelled.

Toluna’s new owners have said previously that they plan to take “significant steps” to develop and strengthen the company’s core activities – panel and research technology services – as well as investing heavily in the development of new products and tools to bring to market. They are also aiming to grow the business in the Asia Pacific region.