The Globe and Mail reports in its Friday edition that Thomson Reuters has offered to buy Swedish e-invoicing and tax player Pagero for 6.4 billion kronor (about $840-million), topping an earlier offer from U.S. tax technology firm Vertex. A Reuters dispatch to The Globe says that Thomson Reuters offered to pay 40 kronor ($5.22) in cash for each Pagero share, which is a premium of 11 per cent to the stock's close on Wednesday and higher than Vertex's offer of 36 kronor ($4.70) a share. Pagero, whose services involve digitizing and automating accounts processes, said an independent bid committee of its board switched its recommendation from Vertex's offer to the Thomson Reuters offer. Thomson Reuters, which owns the Checkpoint tax and accounting service, said Pagero's e-invoicing compliance capabilities would expand its indirect tax offerings. Thomson Reuters, which also owns the Westlaw legal database and Reuters news agency, has made multiple deals in the past few years. The acceptance period for the Pagero offer starts on or around Jan. 12 and ends on or around Feb. 9, Thomson Reuters said. Woodbridge Co. Ltd., the Thomson family holding company and controlling shareholder of Thomson Reuters, also owns The Globe.