Onex and Baring Private Equity Asia completed the acquisition of the Intellectual Property & Science business of Thomson Reuters for $3.55bn.

Private equity firms Onex and Baring Private Equity Asia completed the acquisition of the Intellectual Property & Science business of Thomson Reuters, a provider of integrated information solutions, for $3.55bn. “We are pleased to announce the agreement today to sell our Intellectual Property & Science business to Onex and Baring Asia. With the completion of this divestiture, Thomson Reuters will be even more focused on operating at the intersection of global commerce and regulation," Jim Smith, Thomson Reuters President and CEO.