Thomson Reuters to auction IP and science business

thomsonThomson Reuters has put its intellectual property and science business up for sale in an auction that analysts say could fetch $3bn, as it focuses more on financial information products and services.

Jim Smith, chief executive, said in an interview with the FT, the company had returned to organic growth after losing market share for five consecutive years. Despite all the uncertainty in the market we’ve never ended a year more strongly than we ended 2015 and never entered a new one stronger than 2016.”

For the full story read The FT and for the press release click here