January 30, 2018 / 10:01 PM / 20 days ago

Thomson Reuters approves deal for Blackstone to buy major stake in unit - sources

(Reuters) - The Thomson Reuters Corp (TRI.TO) (TRI.N) board on Tuesday approved a deal for Blackstone Group LP (BX.N) to acquire a major stake in the news company’s Financial and Risk business, two sources familiar with negotiations said.

Reporting by Pamela Barbaglia; Greg Roumeliotis and Jessica Toonkel; editing by Grant McCool

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