Thomson Reuters Announces Latest Sale of LSEG Shares
March 08 2023 - 6:13PM
PR Newswire (US)
TORONTO, March 8,
2023 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI)
announced today that it and certain investment funds affiliated
with Blackstone collectively sold 28 million London Stock Exchange
Group PLC (LSEG) shares that they co-own at a price of £71.50 per
share. The sale was conducted through a placement to institutional
investors and an offer to retail investors.
Of the shares sold, approximately 13.6 million were indirectly
owned by Thomson Reuters. Upon the closing of the transaction,
Thomson Reuters expects to receive pre-tax net proceeds of
approximately $1.10 billion and will
own approximately 47.5 million LSEG shares.
About Thomson Reuters
Thomson Reuters is a leading provider of business
information services. Our products include highly specialized
information-enabled software and tools for legal, tax, accounting
and compliance professionals combined with the world's most global
news service – Reuters. For more information on Thomson
Reuters, visit tr.com and for the latest world
news, reuters.com.
CONTACTS
|
MEDIA
Andrew Green
Senior Director,
Corporate Affairs
+1 332 219
1511
andrew.green@tr.com
|
INVESTORS
Gary E. Bisbee,
CFA
Head of Investor
Relations
+1 646 540
3249
gary.bisbee@tr.com
|
View original content to download
multimedia:https://www.prnewswire.com/news-releases/thomson-reuters-announces-latest-sale-of-lseg-shares-301766367.html
SOURCE Thomson Reuters
Copyright 2023 PR Newswire
Thomson Reuters (TSX:TRI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Thomson Reuters (TSX:TRI)
Historical Stock Chart
From Jul 2023 to Jul 2024