Thomson Reuters unit to be renamed Refinitiv after Blackstone deal: Reuters
Thomson Reuters Corp’s Financial and Risk unit, in which U.S. private equity firm Blackstone Group is buying a majority stake, will be renamed Refinitiv once the deal closes, the company said in a statement on Friday. The Thomson Reuters unit provides information and related services to financial services professionals. David Craig, current head of Financial and Risk, will be CEO of Refinitiv, Thomson Reuters said. The US$20 billion deal is expected to close this year.
27 July 2018•1 min read
