TORONTO, May 15, 2024
/CNW/ -- 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.
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
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serves professionals across legal, tax, accounting, compliance,
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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
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SOURCE Thomson Reuters