Thomson Reuters Financial And Risk

Thomson reuters will receive approximately us 17 billion in gross proceeds when the transaction closes subject to purchase price adjustments.

Thomson reuters financial and risk. Thomson reuters plans to return an aggregate of us 10 billion of these proceeds to its shareholders. After the closing the financial risk business will be known as refinitiv. Toronto october 1 2018 thomson reuters tsx nyse. Thomson reuters plc standalone 2008 financial statements 655 3 kb receive email alerts sign up to receive email alerts whenever thomson reuters posts new information to the site.

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. Reuters news agency build and engage your audience with real time breaking news and high impact global multimedia content. The financial risk business of thomson reuters is now refinitiv.

Thomson reuters and blackstone announce strategic partnership for thomson reuters financial risk f r business blackstone to acquire 55 interest in f r with thomson reuters to retain 45 stake values f r business at 20 billion thomson reuters to receive 17 billion in gross proceeds. Thomson reuters financial risk has one of the world s largest entity databases covering three million corporations and operates the largest kyc utility with 390 000 built published and maintained kyc records. Reuters provides trusted business financial national and international news to professionals via thomson reuters desktops the world s media organizations and directly to consumers at reuters.