Brief: Thomson Reuters To Sell 51% Stake In Global Print Business To KKR For $500 Million
14/07/2026 12:07
BRIEF-Thomson Reuters To Sell 51% Stake In Global Print Business To KKR For $500 Million July 14 (Reuters) - Thomson Reuters TRI.TO, TRI.N:
CO AND KKR ANNOUNCE JOINT VENTURE FOR THOMSON REUTERS GLOBAL PRINT BUSINESS
TO SELL 51% STAKE IN GLOBAL PRINT BUSINESS TO KKR
TO RECEIVE $500 MILLION IN GROSS PROCEEDS, RETAIN 49% EQUITY INTEREST IN JV WITH KKR
TO MAINTAIN INTELLECTUAL PROPERTY RIGHTS AND FULL EDITORIAL CONTROL OVER CONTENT PORTFOLIO
TO PROVIDE CERTAIN FINANCIAL SUPPORT FOR MINIMUM RETURN TO KKR ON INVESTMENT IN JV
NEW JV WILL HOLD AN EXCLUSIVE LICENSE TO DISTRIBUTE CONTENT IN PRINT AND ON PROVIEW, GLOBAL PRINT'S EBOOK PLATFORM
Source text: ID:nPnb89JfVa
Further company coverage: TRI.TO TRI.N KKR.N
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