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Thomson Reuters And Blackstone Close Financial & Risk Transaction

by posted 1year ago 45 views
Thomson Reuters (TSX/NYSE: TRI) today announced that it has closed the sale of a 55% interest in the company's Financial & Risk business to private equity funds managed by Blackstone. An affiliate of Canada Pension Plan Investment Board and an affiliate of GIC invested alongside Blackstone. The Financial & Risk business is now known as Refinitiv. Thomson Reuters received approximately US$17 billion in gross cash proceeds at the closing.

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