Thomson Reuters Corp

Thomson Reuters Corp (TRI) News & Events

$109.010

+1.134 (+1.04%)At close

TRI News

TRI Events

10/9 08:00

S&P Global Appoints Thomas Kim as Chief Legal Officer

S&P Global (SPGI) announced the appointment of Thomas Kim as the company's new Chief Legal Officer, effective October 19. Kim will report directly to President and CEO Martina Cheung and will oversee S&P Global's Legal, Government Affairs, Risk and Compliance function. Kim is an accomplished legal executive with over 30 years of experience across public company and private practice legal functions. He previously served as Chief Legal Officer and Corporate Secretary for Gartner (IT) and Thomson Reuters (TRI).

10/1 11:00

Thomson Reuters Completes Sale of Global Print Business to KKR

Thomson Reuters (TRI) announced that it has closed on its previously announced sale of a majority stake in its Global Print business to capital accounts advised by KKR (KKR). "The business operates today as Westbridge Print, an independent company serving legal and tax professionals across 13 countries and providing commercial printing services to book publishers across a wide range of markets. For Thomson Reuters, this transaction sharpens its focus on providing innovative fiduciary-grade AI solutions for the legal, tax, audit and compliance industries," Thomson Reuters stated.

7/14 08:01

Thomson Reuters Enters Joint Venture with KKR, Sells 51% of Global Print Business

Thomson Reuters (TRI) has signed a definitive agreement to enter into a joint venture with KKR (KKR). As part of the transaction, Thomson Reuters will sell a 51% stake in its Global Print business to capital accounts advised by KKR. Thomson Reuters will receive approximately $500M in gross proceeds at closing and will retain a 49% equity interest in the joint venture. Thomson Reuters will also maintain intellectual property rights and full editorial control over its content portfolio. This new joint venture will hold an exclusive license to distribute the content in print and on ProView, Global Print's eBook platform. The Thomson Reuters Global Print business provides legal and tax information in print format and via ProView to customers around the world and provides commercial printing services to book publishers. Closing of the transaction is subject to specified regulatory approvals and customary closing conditions. Thomson Reuters expects the transaction to close in Q4.

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