Thomson Reuters signed a definitive agreement to form a joint venture with KKR for its Global Print business.
- KKR will buy a 51% stake; Thomson Reuters will retain 49%.
- The transaction is expected to deliver about $500 million in gross proceeds at closing.
- Thomson Reuters will keep intellectual property rights and full editorial control; the venture will get an exclusive print and ProView distribution license.
- Closing is targeted for the fourth quarter of 2026, subject to regulatory approvals and customary conditions.