Blackstone, Thomson Reuters weigh Tradeweb IPO, sale
Blackstone and Thomson Reuters Corp are considering an initial public offering or sale of their stake in Tradeweb Markets LLC, Bloomberg reported. The firms have held talks with Tradeweb shareholders, which include Deutsche Bank, UBS and Royal Bank of Scotland, about selling the company or taking it public this year, the story said. Any sale or IPO won’t happen until U.S. private equity firm Blackstone completes its acquisition of Thomson Reuters' financial and risk unit, Bloomberg said. Tradeweb, a New York bond trading platform, could be valued at more than US$4 billion in an IPO or sale.
21 March 2018•1 min read
