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TRI Thomson Reuters Corp

229.65
-1.49 (-0.64%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Thomson Reuters Corp TSX:TRI Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.49 -0.64% 229.65 229.28 230.21 231.34 229.03 230.69 626,620 21:12:15

Thomson Reuters Announces Latest Sale of LSEG Shares

19/05/2023 12:30pm

PR Newswire (US)


Thomson Reuters (TSX:TRI)
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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.

Thomson Reuters logo. (PRNewsFoto/Thomson Reuters)

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

Copyright 2023 PR Newswire

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