Thomson Reuters Corp. is in advanced talks with private equity firm Blackstone regarding a potential partnership in its financial and risk business. However, the company cautioned that the discussions may or may not lead to a definitive agreement. “Thomson Reuters does not expect to comment further on market speculation or disclose any further developments unless and until it determines that further disclosure is appropriate or required,” the company said in a statement. Read more: Thomson Reuters commits $100 million U.S. for enlarged tech hub in TorontoShares in Thomson Reuters were up $4.88 or about nine per cent at $58.47 in early trading Tuesday on the Toronto Stock Exchange following the news.

Source: thestar January 30, 2018 17:26 UTC