Key facts
- Thomson Reuters is selling a 51% stake in its Global Print business to KKR.
- The transaction is valued at approximately $500 million.
- Thomson Reuters will retain a 49% ownership in the newly formed joint venture.
- The Global Print business provides legal and tax information in print and via ProView.
- KKR will have an exclusive license to distribute content in print and on ProView.
- Thomson Reuters will maintain intellectual property rights and editorial control.
Thomson Reuters announced it has entered into a definitive agreement to form a joint venture with KKR, a global investment firm, by selling a 51% stake in its Global Print business for approximately $500 million. Thomson Reuters will retain a 49% equity interest and maintain full editorial control over its content portfolio. The Global Print business, which provides legal and tax information in print and via its ProView eBook platform, will operate as a standalone entity with focused investment from KKR. This move allows Thomson Reuters to sharpen its focus on providing AI solutions for legal, tax, audit, and compliance industries. The transaction is subject to regulatory approvals and customary closing conditions, with an expected closing in the fourth quarter of 2026. Centerview Partners LLC is serving as the financial advisor to Thomson Reuters.
