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KKR CDR (CAD Hedged)
Symbol KKR
Shares Issued 400,000
Close 2026-07-14 C$ 20.97
Market Cap C$ 8,388,000
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Globe says Thomson Reuters sells most of print unit

2026-07-15 08:47 ET - In the News

See In the News (C-TRI) Thomson Reuters Corp (4)

The Globe and Mail reports in its Wednesday edition that Thomson Reuters is selling a majority stake in its global print unit to U.S.-based investment manager KKR & Co., freeing up cash from the information provider's shrinking publishing business to focus on its core software products. The Globe's James Bradshaw writes that KKR is buying a 51-per-cent stake in the business for $500-million and forming a joint venture that will be licensed to distribute print and e-book content (all figures U.S.). Thomson Reuters will keep a 49-per-cent stake as well as intellectual property rights and editorial control. The global print business sells information in hard copies and ebooks to lawyers, judges, law schools and corporations. It also offers commercial printing services to clients such as book publishers and universities. The unit still has a loyal following, mostly in the U.S., Canada and Britain. But like many print publishing businesses, its revenue has been in decline as customers move to on-line alternatives. In 2025, revenue from global print was $490-million, down 6 per cent from $519-million in 2024. Thomson Reuters had nearly $7.5-billion of total revenue last year, most of which comes from software tools.

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