Blackstone-led group completes majority stake buy in Refinitiv
A consortium led by U.S. private equity firm Blackstone Group has closed its previously announced acquisition of a majority stake in Thomson Reuters' financial & risk business. Also participating in the investor group are Canada Pension Plan Investment Board and GIC. No financial terms were disclosed. As a result of the transaction, the Blackstone-led group owns a 55 percent equity stake in the F&R business now renamed Refinitiv, while Thomson Reuters retains a 45 percent stake. Thomson Reuters is controlled by Canada’s Thomson family.
1 October 2018•5 mins read
