DivestmentJul 14, 2026, 07:26 AM
Thomson Reuters Sells 51% Global Print Stake to KKR for $500M
AI Summary
Thomson Reuters announced it will sell a 51% stake in its Global Print business to capital accounts advised by KKR, forming a new joint venture. The company expects to receive approximately $500 million in gross proceeds at closing and will retain a 49% equity interest, along with intellectual property rights and full editorial control over its content. This move aims to sharpen Thomson Reuters' focus on AI solutions for legal, tax, audit, and compliance industries, while providing the Global Print business with focused investment as a standalone entity. The transaction is subject to regulatory approvals and is expected to close in Q4 2026.
Key Highlights
- Thomson Reuters to sell a 51% stake in its Global Print business to KKR.
- Company will receive approximately $500 million in gross proceeds at closing.
- Thomson Reuters will retain a 49% equity interest in the new joint venture.
- The new joint venture will hold an exclusive license to distribute content in print and on ProView.
- Transaction is expected to close in the fourth quarter of 2026.
- Thomson Reuters will provide financial support to ensure KKR a minimum return on its equity investment.
Price Impact
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