Thomson Reuters Sells Remaining Stake In London Stock Exchange For About $500 Mln
(RTTNews) - Thomson Reuters Corp. (TRI, TRI.TO) announced Wednesday 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 British pounds 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 $500 million.
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CNN, Reuters Launch Digital Paywalls
Global news organizations CNN, owned by media conglomerate Warner Bros. Discovery, as well as Thomson Reuters Corp. announced their plans to launch digital paywalls, with a view to developing new digital revenue streams aiming to support their work in journalism around the world. CNN, in an internal memo, said it is starting to ask some of its visitors to pay $3.99 a month for access...
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5घंटे 18 मिनट पहले
U.S. Weekly Jobless Claims Unexpectedly Edge Down To 219,000
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the European session on Thursday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the European session on Thursday.
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Asian Shares Mixed In Thin Holiday Trade
Asian stocks ended mixed in thin holiday trade on Thursday while regional currencies were mostly lower against a resilient dollar and elevated Treasury yields amid uncertainty about the Federal Reserve's interest-rate path and U.S. President-elect Donald Trump's tariff threats. Oil and gold clung to modest gains in Asian trade.
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11घंटे 24 मिनट पहले
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The Chinese yuan weakened against the U.S. dollar in the Asian session on Thursday.
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12घंटे 57 मिनट पहले
