A Blackstone-led consortium has finalized partnerships and begun the transformation of the Thomson Reuters Financial and Risk (F&R) group into a new company Refinitiv. The newly hatched company will use the private equity infusion to advance content coverage, cloud options, artificial intelligence (AI), analytics across the Elektron and Eikon platforms for buy-side firms, trading, wealth… Read More >>
Blackstone to Buy Thomson Reuters Division for $17B
Private equity giant Blackstone is taking the lead in a consortium that will result in a new corporation with a valuation of $20 billion that will be the new home for the Financial and Risk (F&R) business of Thomson Reuters. Like Thomson Reuters, the company to come will compete directly against many financial data and… Read More >>
