01:59:38 EDT Sun 05 May 2024
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or Name
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Thomson Reuters Corp (2)
Symbol TRI
Shares Issued 470,972,647
Close 2023-05-18 C$ 169.61
Market Cap C$ 79,881,670,658
Recent Sedar Documents

Thomson Reuters, Blackstone funds sell 33 M LSE shares

2023-05-19 09:04 ET - News Release

Mr. Andrew Green reports

THOMSON REUTERS ANNOUNCES LATEST SALE OF LSEG SHARES

Thomson Reuters Corp. and certain investment funds affiliated with Blackstone have collectively sold 33 million London Stock Exchange Group PLC (LSEG) shares that they co-own at a price of 80.50 British pounds per share. The sale was conducted through a placement to institutional investors and an offer to retail investors.

Of the shares sold, approximately 15.3 million were indirectly owned by Thomson Reuters. Upon the closing of the transaction, Thomson Reuters expects to receive pretax net proceeds of approximately $1.52-billion and will own approximately 32 million LSEG shares.

About Thomson Reuters Corp.

Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compliance, government and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence and solutions needed to make informed decisions and to help institutions in their pursuit of justice, truth and transparency. Reuters, part of Thomson Reuters, is the world's leading provider of trusted journalism and news.

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