Comment on Blackstone to buy Thomson Reuters unit in $20 billion deal

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.

 

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