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Thomson Reuters Corp - TR Announces Closing of Sale of Refinitiv to LSEG
01/29/2021 | 04:26am EDT
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Thomson Reuters Announces Closing of Sale of Refinitiv to London Stock Exchange Group
TORONTO, Jan. 29, 2021 /PRNewswire/ Thomson Reuters (TSX/NYSE: TRI) today announced that it and private equity funds affiliated with Blackstone have closed the sale of Refinitiv to London Stock Exchange Group plc (LSEG) in an all-share transaction. Refinitiv is Thomson Reuters former Financial & Risk business, a majority interest in which was sold to Blackstone s consortium in October 2018. Thomson Reuters and Blackstone s consortium subsequently agreed to sell Refinitiv to LSEG in August 2019.
Thomson Reuters, Blackstone Affiliates Close Sale Of Refinitiv To London Stock Exchange
LONDON (dpa-AFX) - Thomson Reuters (TRI, TRI.TO) Friday said the company and private equity funds affiliated with Blackstone have closed the sale of Refinitiv to London Stock Exchange Group plc (LSE.L) in an all-share transaction.
Refinitiv is Thomson Reuters former Financial & Risk business, and a majority interest in the business was sold to Blackstone s consortium in October 2018. Thomson Reuters and Blackstone s consortium subsequently agreed to sell Refinitiv to London Stock Exchange in August 2019 in an all share transaction for a total enterprise value of about $27 billion.