Announced
Completed
Financials
Tags
Private
Disposal
Completed
Friendly
Private Equity
Majority
Financial Data and Systems
data provider
financial data management
United States
Acquisition
Single Bidder
Synopsis
Blackstone-led consortium, which includes GIC and CPPIB, completed the acquisition of a 55% stake in Thomson Reuters' Financial & Risk Business for $17bn. The Financial & Risk business is now known as Refinitiv. “We are pleased to close this landmark partnership transaction with Thomson Reuters. Blackstone is excited to invest in Refinitiv to pursue a business plan focused on accelerating growth through innovation, in partnership with Refinitiv’s customers,” Martin Brand, Blackstone Senior Managing Director.
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