* Deal is part of Thomson Reuters corporate client strategy
* Newspaper report says price 40-42 million euros
* Hugin employs 105 staff, with three main centres, CEO says
OSLO, Sept 21 (Reuters) - Thomson Reuters said on Monday it has agreed to buy from NYSE Euronext the Oslo-based Hugin Group, a company which distributes news releases for companies in Europe.
Terms were not disclosed.
Thomson Reuters said in a statement the acquisition was part of a strategy of providing corporate clients with investor relations and public relations services.
"As part of the agreement, Thomson Reuters and NYSE Euronext will expand their strategic partnership toward offering value-added services to the issuer community," Thomson Reuters said.
Tor Baekkelund, chief executive of Hugin Group, told Reuters the firm employs 105 staff, with key centres in Norway, Germany and France.
Norwegian newspaper Dagens Naeringlsliv said on Monday the acquisition price was around 40 million to 42 million euros ($59 million to $62 million). Baekkelund said he could not comment on the terms.
The transaction is expected to be completed in the fourth quarter, subject to regulatory approvals.
Hugin, founded in 1995, says it distributes press releases and provides investor relations services for more than 1,700 companies in Europe. ($1=.6802 euros) (Reporting by Wojciech Moskwa; Editing by Adam Cox and Paul Hoskins)