A group led by Blackstone Group agreed to buy a majority stake in Thomson Reuters Corp.’s financial and risk unit in a deal that values the business at $20 billion, sealing plans for the firm’s biggest buyout in a decade. Canada Pension Plan Investment Board and Singapore’s sovereign wealth fund, GIC Pte, will co-invest alongside Blackstone to acquire 55 percent of the business, according to a statement Tuesday.

NEXT
Sections:  u.s.   
Topics:  Maine   Penobscot County   Bangor   
BING NEWS:
  • Blackstone Makes New $1.5 Billion Proposal to Buy Hipgnosis
    Read more: Concord to Buy Hipgnosis in $1.4 Billion Song Catalog Deal Shares of Hipgnosis have surged about 30% since the Concord offer and closed at 91.9 pence on Friday, slightly below its offer ...
    04/21/2024 - 6:34 pm | View Link
  • Blackstone Makes New $1.5 Billion Proposal to Buy Hipgnosis
    (Bloomberg) -- Private equity firm Blackstone Inc. made a new proposal worth about $1.5 billion to purchase Hipgnosis Songs Fund Ltd., topping a bid made last week by music rights investor Concord.
    04/21/2024 - 9:21 am | View Link
  • Hipgnosis Drama Continues: Blackstone Bids $1.5 Billion for Troubled Music Fund, Topping Concord
    The already-complicated battle over control of Hipgnosis Songs Fund grew even more so on Saturday, as the private equity firm Blackstone bid $1.5 billion to the troubled fund — which includes ...
    04/20/2024 - 5:53 am | View Link
  • 2 Hypergrowth Tech Stocks to Buy in 2024 and Beyond
    These companies have hit a few roadblocks this year, but that only means their stocks are trading at bargains compared to their rivals.
    04/14/2024 - 10:19 pm | View Link
  • Blackstone Making $10 Billion Multifamily Purchase, Going on the Real Estate Offensive
    Blackstone has agreed to acquire an owner of upscale apartment buildings for about $10 billion, signaling that one of the world’s largest real-estate investors is ramping up investments again ...
    04/8/2024 - 1:45 pm | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More U.s. News