TORONTO, May 19, 2023
/PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) announced
today that it and certain investment funds affiliated with
Blackstone collectively sold 33 million London Stock Exchange Group
PLC (LSEG) shares that they co-own at a price of £80.50 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 pre-tax net proceeds of
approximately $1.52 billion and will
own approximately 32 million LSEG shares.
About Thomson Reuters
Thomson Reuters (NYSE / TSX: TRI) ("TR") 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. For more
information, visit tr.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
|
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SOURCE Thomson Reuters