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Last Trade
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Last Trade:
$117.27
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Change:
-0.81 (-0.69%)
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Trade Time:
Sep 17
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Market Cap:
$58.15B
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Description of Business
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Thomson Reuters is a leading provider of news and information-based tools to
professionals. Our worldwide network of journalists and specialist editors keep
customers up to speed on global developments, with a particular focus on legal,
regulatory and tax changes. Thomson Reuters shares are listed on the Toronto
Stock Exchange and New York Stock Exchange (symbol: TRI). Our website is
www.thomsonreuters.com.
2018 was a watershed year for our company. In October, we sold 55% of our
Financial & Risk (F&R) business to private equity funds managed by Blackstone
for approximately $17 billion and retained a 45% interest in the new company,
which is now known as Refinitiv. We restructured our remaining business into new
customer-focused segments and repositioned our business for growth. Our new
structure moves decision making closer to the customer and allows us to serve
our customers better with our full suite of offerings.
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