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3 years ago|3 views

Blackstone in Talks Over Deal With Thomson Reuters Unit

RisingWorld
Blackstone in Talks Over Deal With Thomson Reuters Unit
Thomson Reuters, which is based in Toronto, said it would retain a significant interest in the financial
and risk business after any deal and would retain full ownership of its legal, tax and accounting, and news operations.
LONDON — Thomson Reuters, the news and digital information company, said on Tuesday
that it was in advanced discussions with the private equity giant Blackstone Group regarding a “potential partnership” with its financial and risk business.
The financial and risk unit provides research and analysis tools to financial markets professionals
and had revenue of $6.1 billion in 2016, the company said.
“The discussions between Thomson Reuters and Blackstone may or may not lead to a definitive agreement,” the company said in a news release.

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