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Reuters Reports Thomson Reuters In Deal For Blackstone To Buy Major Stake in F&R Unit

Date 30/01/2018

Reuters has reported that the Thomson Reuters Corp board has approved and signed a deal for Blackstone Group LP to acquire a majority stake in the company’s Financial and Risk business.

The exact terms could not immediately be learned. Earlier, Reuters reported that Blackstone would have a 55 percent stake and Thomson Reuters 45 percent.