Thomson
Reuters Confirms Advanced Discussions with Blackstone Regarding
Financial & Risk (F&R) Business
TORONTO, Jan. 29, 2018 /PRNewswire/ -- Thomson
Reuters (TSX/NYSE: TRI) announced today that it is in advanced
discussions with Blackstone regarding a potential partnership in
its F&R business.
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The F&R business provides a broad and robust range of
offerings to financial markets professionals, with $6.1 billion in revenues in 2016. F&R
delivers global content sets, including fundamentals, estimates and
primary and secondary research alongside tools, platforms, venues
and services to enable fast, intelligent decision-making and
trading. F&R also provides leading regulatory and risk
management solutions to help customers anticipate and manage risk
and compliance.
As part of any proposed partnership, Thomson Reuters would
retain a significant interest in the F&R business and would
retain full ownership of its Legal, Tax & Accounting and
Reuters News businesses.
The discussions between Thomson Reuters and Blackstone may or
may not lead to a definitive agreement. Thomson Reuters does not
expect to comment further on market speculation or disclose any
further developments unless and until it determines that further
disclosure is appropriate or required.
Thomson Reuters
Thomson Reuters is the world's leading source of news and
information for professional markets. Our customers rely on us to
deliver the intelligence, technology and expertise they need to
find trusted answers. The business has operated in more than 100
countries for more than 100 years. Thomson Reuters shares are
listed on the Toronto and New York
Stock Exchanges (symbol: TRI). For more information, visit
http://www.thomsonreuters.com/.
SPECIAL NOTE REGARDING FORWARD-LOOKING
STATEMENTS
Certain statements in this news
release are forward-looking. These forward-looking statements are
based on certain assumptions and reflect our company's current
expectations. As a result, forward-looking statements are subject
to a number of risks and uncertainties that could cause actual
results or events to differ materially from current expectations,
including factors discussed in materials that Thomson Reuters from
time to time files with, or furnishes to, the Canadian securities
regulatory authorities and the U.S. Securities and Exchange
Commission. There is no assurance that the discussions described in
this news release will lead to a definitive agreement or that other
events described in any forward-looking statement will materialize.
Except as may be required by applicable law, Thomson Reuters
disclaims any obligation to update or revise any forward-looking
statements.
CONTACT |
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MEDIA
David Crundwell
Senior Vice President, Corporate Affairs
+1 416 649 9904
david.crundwell@tr.com |
INVESTORS
Frank J. Golden
Senior Vice President, Investor Relations
+1 646 223 5288
frank.golden@tr.com |