Thomson Reuters will sell a 51% stake in its Global Print business to KKR for about $500M and create a venture granting KKR exclusive distribution licensing for print and digital books. The transaction monetizes a majority stake while ring-fencing distribution rights within a new JV structure.
Thomson Reuters will sell a 51% stake in its Global Print business to KKR for about $500M and create a venture granting KKR exclusive distribution licensing for print and digital books. The transaction monetizes a majority stake while ring-fencing distribution rights within a new JV structure.
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mildly positive
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