Blackstone Group is in talks to buy a stake in Thomson Reuters’s financial and risk business
US private equity firm Blackstone Group is in talks to buy a 55 per cent stake in Thomson Reuters’s financial and risk business.
The deal would value the division at about £14.2 billion, according to reports.
Thomson Reuters’s board was expected to meet yesterday to discuss the offer.
The company was formed in 2008 when Thomson Corporation bought London-based Reuters Group, best known for its 167-year-old news agency, for £8.7 billion.
Its financial and risk arm supplies information to banks and investment houses. Under the offer, it would retain a 45 per cent stake in the division.
Thomson Reuters confirmed discussions but declined to comment. Blackstone declined to comment.
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