Thomson Reuters to Sell 51% Stake in Legal Print Business to KKR, Form Joint Venture
By Robb M. Stewart
Thomson Reuters is selling control of its global print business to KKR for roughly $500 million as it forms a joint venture with the investment firm.
The Canadian information and technology company said Tuesday it signed a definitive agreement to enter into a venture with KKR, a move that will see it sell a 51% equity interest in its business providing legal and tax information in print format and via its ProView electronic-book product.
Thomson Reuters is set to retain a 49% stake in the joint venture and maintain intellectual property rights and full editorial control over its content portfolio. The venture will hold an exclusive license to distribute content in print and on ProView.
Closing of the deal is subject to regulatory approvals but not to any financing conditions.
As part of the transaction, Thomson Reuters said it has agreed to provide certain financial support designed to give KKR a minimum return on its equity investment in the joint venture under certain circumstances. It expects the transaction to close by the end of the year.
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
July 14, 2026 07:56 ET (11:56 GMT)
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