trending Market Intelligence /marketintelligence/en/news-insights/trending/ylvxtgfwxd66qff9ri3ecg2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Thomson Reuters closes intellectual property, science biz sale

TMT: Leading Trends And What To Watch

US Utility Commissioners: A Key Factor In Assessing Regulatory Risk

Municipal-Run Fiber Tops 280000 Subscribers In 2018

The Essential Conference 2019 Highlight Reel


Thomson Reuters closes intellectual property, science biz sale

ThomsonReuters Corp. has closed the sale of its intellectual property and science businessto Onex Corp. and BaringPrivate Equity Asia for $3.55 billion in cash.

The business, now an independent company, will be known asClarivate Analytics. Onex and Baring Private Equity Asia made a $1.6 billionequity investment for 100% ownership of the company. Of that total, $1.2billion was from the flagship fund Onex Partners IV, and certain limitedpartners as co-investors. Onex's share as a limited partner and co-investor wasabout $420 million.

Thomson Reuters plans to use about $1 billion of its netproceeds for share repurchases and will use the balance to pay down debt andreinvest in its business.