TORONTO, May 15, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) announced today that it and certain investment funds affiliated with Blackstone collectively sold 17.3 million London Stock Exchange Group PLC (LSEG) shares that they co-own for a price of £91.50 per share. The sale was conducted through a placement to institutional investors and an offer to retail investors. Following the settlement of the transaction, Thomson Reuters will no longer hold any interest in LSEG.

Thomson Reuters Logo (PRNewsfoto/Thomson Reuters)

Of the shares sold, approximately 4.3 million shares were indirectly owned by Thomson Reuters. Upon the closing of the transaction, Thomson Reuters expects to receive pre-tax net proceeds of approximately $0.5 billion.

Thomson Reuters

Thomson Reuters (TSX/NYSE: TRI) 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 a world leading provider of trusted journalism and news. For more information, visit tr.com.

CONTACTS

MEDIA
Gehna Singh Kareckas

Senior Director, Corporate Affairs
+1 613 979 4272
gehna.singhkareckas@thomsonreuters.com

INVESTORS
Gary E. Bisbee, CFA

Head of Investor Relations
+1 646 540 3249
gary.bisbee@thomsonreuters.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/thomson-reuters-announces-sale-of-remaining-stake-in-london-stock-exchange-group-302146218.html

SOURCE Thomson Reuters

Copyright 2024 PR Newswire

Thomson Reuters (TSX:TRI)
Historical Stock Chart
Von Okt 2024 bis Okt 2024 Click Here for more Thomson Reuters Charts.
Thomson Reuters (TSX:TRI)
Historical Stock Chart
Von Okt 2023 bis Okt 2024 Click Here for more Thomson Reuters Charts.