Tag: Blackstone

LSE to Potentially Acquire Refinitiv (fmr. Thomson Reuters Data Business) for $27 Billion

LSE to Potentially Acquire Refinitiv (fmr. Thomson Reuters Data Business) for $27 Billion

We tip our hat to LSE for thinking outside the box, moving beyond a commodity business to acquire a somewhat unique data set (one of the big three with Bloomberg and Factset).  Blackstone Group (BX.N) acquired a majority stake in Refinitiv from Thomson Reuters (TRI.TO) in October 2018, valuing the company at the time at … Continue reading LSE to Potentially Acquire Refinitiv (fmr. Thomson Reuters Data Business) for $27 Billion