Blackstone in Talks Over Deal With Thomson Reuters Unit

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.