Blackstone Outlines Blueprint for Thomson Reuters F&R Spin-Off, Refinitiv
Blackstone executive Martin Brand describes some of the areas where it plans to invest once Thomson Reuters' Financial & Risk unit is spun off later this year.
Thomson Reuters may have only just announced Refinitiv as the new brand for its Financial & Risk unit once the business spins off from its parent later this year in a $20 billion deal with a consortium of investors led by private equity firm Blackstone Group, but the new owners already have plans for leveraging F&R’s assets and combining them with other assets owned by Blackstone.
In fact, these plans have been in development for some five years, when Blackstone first looked at buying the
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