trending Market Intelligence /marketintelligence/en/news-insights/trending/mqzuicd1hxywnocvwufysw2 content esgSubNav
In This List

Report: Blackstone, Thomson Reuters mulling Tradeweb IPO or sale

Blog

Banking Essentials Newsletter: June 12th Edition

Blog

S&P 500 Q4 2023 Sector Earnings & Revenue Data

Podcast

Next in Tech | Episode 171: Concerns About Fraud Drive AI Investment

Podcast

Street Talk | Episode 127: The 'knife fight' for deposits could spur more bank deals


Report: Blackstone, Thomson Reuters mulling Tradeweb IPO or sale

Blackstone Group LP and Thomson Reuters Corp. are weighing an initial public offering or a sale of their stake in Tradeweb Markets LLC, which builds and operates electronic over-the-counter marketplaces, Bloomberg reported, citing people with knowledge of the matter.

According to the report, the companies have discussed the idea with bank shareholders, including Deutsche Bank AG, UBS Group AG and Royal Bank of Scotland Group PLC. The sources said Tradeweb, which is majority owned by Thomson Reuters, may be valued at over $4 billion in an IPO or sale, which would not occur until after Blackstone closes its purchase of Thomson Reuters's financial and risk unit.

A final decision has not been made, the sources said.