Stories Related to Blackstone To Buy Thomson Reuters Unit In $20 Billion Deal

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.

Sections:  u.s.   
Topics:  Maine   Penobscot County   Bangor   
BING NEWS:
  • Thomson Reuters Triumphs in Q1 Backed by AI Product Roadmap and Strategic Acquisitions
    Thomson Reuters Corp reported Q1 2024 revenue growth of 8%, beating analyst consensus, with adjusted EPS of $1.11. The stock gained, driven by 9% organic revenue growth. CEO is confident in their AI ...
    05/2/2024 - 6:31 am | View Link
  • Thomson Reuters lifts 2024 forecast on first-quarter revenue result
    Thomson Reuters beat first-quarter revenue forecasts, lifted its financial outlook for 2024 and raised its annual dividend by 10% on Thursday as it continued to invest heavily in artificial ...
    05/2/2024 - 4:03 am | View Link
  • Thomson Reuters (TRI) Beats Q1 Earnings and Revenue Estimates
    Thomson Reuters (TRI) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.85 per share a year ago. These ...
    05/2/2024 - 12:45 am | View Link
  • Thomson Reuters Profit Falls
    By Adriano Marchese Thomson Reuters reported lower profit in the first quarter compared with a year-earlier when the value of its investment in the ...
    05/2/2024 - 12:04 am | View Link
  • Thomson Reuters Corporation Q1 Income Drops
    Thomson Reuters Corporation (TRI.TO) released a profit for first quarter that decreased from the same period last year The company's ...
    05/1/2024 - 11:47 pm | View Link
  • More

 

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

More U.s. News