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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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225 dni temu
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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17 minut temu
European Shares Seen Flat To Higher At Open
European stocks are seen opening flat to slightly higher on Friday as investors look for the next trigger to move markets.
A day after U.S. President Donald Trump announced that India has offered to "literally charge us no tariffs" on American goods, India's External Affairs Minister S Jaishankar labelled the talks "complicated' and warning "nothing is decided till everything is…"
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1g 33 minut temu
European Economic News Preview: Eurozone Foreign Trade Data Due
Foreign trade from the euro area and unemployment from France are due on Friday, headlining a light day for the European economic news. At 1.30 am ET, France's statistical office INSEE publishes unemployment data for the first quarter. The jobless rate is forecast to rise to 7.4 percent from 7.3 percent a quarter ago.
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1g 47 minut temu
Sensex, Nifty Modestly Lower On Weak Asian Cues
Indian shares were a tad lower on Friday, tracking weak cues from other Asian markets.
The benchmark S&P BSE Sensex was down 195 points, or 0.2 percent, at 82,333 in early trade while the broader NSE Nifty index dropped 47 points, or 0.2 percent, to 25,015.
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2g 38 minut temu
Australian Market Trims Early Strong Gains In Mid-market
The Australian stock market is trimming its early strong gains in mid-market moves on Friday, adding to the gains in the previous seven sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains across most sectors led by mining, financial and technology stocks.
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3g 26 minut temu
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Friday, following the mixed cues from Wall Street overnight, as traders digested the latest settlements on the trade tariff front and remained caution as they awaited more clarity on the developments in trade negotiations with other trade partners. Asian markets ended mostly higher on Thursday.
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3g 41 minut temu
Sensex, Nifty Seen Higher At Open
Indian shares are seen opening higher on Friday as India's foreign minister S Jaishankar said that trade talks with the U.S. are still going on and "nothing is decided till everything is".
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4g 31 minut temu
