Posts Tagged "Thomson Reuters"

(Reuters) – Thomson Reuters Corp (TRI.TO) (TRI.N) said on Friday it had acquired business-to-business events specialist, FC Business Intelligence (FCBI).

Thomson Reuters (TSX/NYSE: TRI) today announced that it has acquired HighQ, a leading collaboration platform for the legal and regulatory market. Based in London with offices in the United States, Germany, the Netherlands, Australia and India, HighQ offers a secure cloud-based platform for business collaboration, workflow automation and client engagement. HighQ currently serves more than 400 customers, including more than half of the Global 100 largest law firms.

London Stock Exchange PLC (LON:LSE) has confirmed advanced talks over a US$27bn all-share takeover of financial data firm Refinitiv currently owned by Thomson Reuters (45%) and 55% by fund manager Blackstone’s private equity arm.

Thomson Reuters is expanding its audit offering with the acquisition of Confirmation, a provider of secure audit confirmation services, primarily for banking and financial services

Thomson Reuters is in advanced discussions for a sale of part of its financial and risk business, its largest unit by revenues, to US private equity firm Blackstone. The company confirmed in a statement on Tuesday that it was considering a sale of a stake in the business to Blackstone but would retain an interest in the unit.

Canadian buyout group Onex and Baring Private Equity Asia have agreed to acquire the units in cash. The share price of Thomson Reuters was up 1.3 per cent to $40.89 in out-of-hours trading at the time of writing. The intellectual property and science business provides information, support tools and services to governments, academia, publishers and corporations

Disposal could fetch $3bn as group focuses on financial information products and services

Buyout firms are vying to take over Thomson Reuters’ science information business for around £2bn as the company seeks to slim down and invest in new technology.

Thomson Reuters Corp. (TRI) could fetch nearly $3 billion for its Intellectual Property & Science business from either a strategic or financial buyer, according to company followers, as the information giant explores options for the division in an effort to hone its focus on financial and legal services

Pearson is in “advanced discussions” over a sale of the Financial Times, it said on Thursday. Reuters said the London-based FTSE 100 company had decided to sell FT Group to an unnamed global digital news company, according to a person familiar with the deal.

Thomson Reuters has put a package of specialty publications on the block, including Buyouts and Venture Capital Journal, two sources said

The decision by Reuters to shut down its ambitious Reuters Next web-redesign project stems from an ongoing conflict between the money-making subscription business and the money-losing consumer web operation.