January 30, 2018 / 10:01 PM / 7 months 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.

The logo of Thomson Reuters is pictured at the entrance of its Paris headquarters, France, March 7, 2016. REUTERS/Charles Platiau

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

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