Thomson Reuters sells 51% stake in legal and tax publishing unit to KKR for $500 million

The deal gives KKR a majority stake in the business, marking a significant portfolio move for Thomson Reuters.

Summary

Thomson Reuters has agreed to sell a 51% stake in its legal and tax publishing unit to KKR for $500 million. The transaction hands KKR a majority position in the business and represents a notable divestment by Thomson Reuters as it reshapes its portfolio.

Terms & Concepts