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Thomson Reuters Sells Remaining Stake In London Stock Exchange For About $500 Mln
(RTTNews) - Thomson Reuters Corp. (TRI, TRI.TO) announced Wednesday that it and certain investment funds affiliated with Blackstone collectively sold 17.3 million London Stock Exchange Group plc (LSEG) shares that they co-own for a price of 91.50 British pounds per share.
The sale was conducted through a placement to institutional investors and an offer to retail investors. Following the settlement of the transaction, Thomson Reuters will no longer hold any interest in LSEG.
Of the shares sold, approximately 4.3 million shares were indirectly owned by Thomson Reuters. Upon the closing of the transaction, Thomson Reuters expects to receive pre-tax net proceeds of approximately $500 million.
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CNN, Reuters Launch Digital Paywalls
Global news organizations CNN, owned by media conglomerate Warner Bros. Discovery, as well as Thomson Reuters Corp. announced their plans to launch digital paywalls, with a view to developing new digital revenue streams aiming to support their work in journalism around the world. CNN, in an internal memo, said it is starting to ask some of its visitors to pay $3.99 a month for access...
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379日前
Australian Market Doubles Early Losses In Mid-market
The Australian stock market is doubling its early losses in mid-market moves on Friday, snapping a three-session winning streak, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,050 level, with weakness in technology stocks and a mixed performance in most other sectors.
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1時7分前
Asian Markets Track Wall Street Lower
Asian stock markets are mostly lower on Friday, following the broadly negative cues from Wall Street overnight, amid the escalating trade tensions between the U.S. and China and renewed concerns about the U.S. banking sector after bad loans recently led to the bankruptcies of two auto industry-related companies, First Brands and Tricolor Holdings. Asian markets ended mostly higher on Thursday.
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1時34分前
Sensex, Nifty To Open Lower On Concern Over US Credit Markets
Indian shares may open on a sluggish note Friday as investors react to weak global cues and await bank loan growth and foreign exchange reserve data for direction.
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1時56分前
Lower Open Called For Thai Stock Market
The Thai stock market has moved higher in two straight sessions, collecting more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,290-point plateau although it's expected to open under water on Friday.
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2時31分前
Renewed Selling Pressure Expected For Indonesia Shares
The Indonesia stock market on Thursday snapped the three-day losing streak in which it had dropped more than 200 points or 2.6 percent. The Jakarta Composite Index now rests just above the 8,120-point plateau although it may head south again on Friday.
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3時1分前
Japanese Market Notably Lower
Reversing the strong gains in the previous two sessions, the Japanese market is notably lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 48,000 mark, with weakness index heavyweights, automakers and technology stocks.
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3時12分前
Continued Consolidation Called For Hang Seng
The Hong Kong stock market turned lower again on Thursday, one day after halting the seven-day losing streak in which it had plummeted more than 1,850 points or 7 percent. The Hang Seng Index now rests just beneath the 25,900-point plateau and the losses may accelerate on Friday.
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3時16分前
