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Breaking News | Thomson Reuters Sells 51% of Print Business to KKR for $500M
1 min read
Suhaib
Equity holders take on execution risk as Thomson Reuters guarantees KKR's return in a declining print business that generated $490M revenue last year. The deal reshapes Thomson Reuters as a pure-play AI and digital platform, but the retained 49% stake and financial backstop complicate the narrative of a clean exit.
Key Numbers
What happened
Thomson Reuters agreed to sell a 51% stake in its Global Print business to KKR for approximately $500 million, forming a joint venture where KKR holds control and Thomson Reuters retains 49% equity, intellectual property rights, and editorial control. The Global Print business supplies legal and tax information through print and digital book formats and offers commercial printing services to publishers. The unit generated $490 million in revenue last year-nearly a quarter of total company revenue-but sales are expected to decline annually as customers migrate to online products. Under the agreement, Thomson Reuters will provide financial support mechanisms to guarantee KKR a minimum return on its investment under specified circumstances. The transaction allows Thomson Reuters to concentrate investment on its core legal, corporate, and tax segments while accelerating AI-powered product development.
What to watch
Transaction close expected in Q4 2026 subject to customary conditions
Annual revenue decline trajectory for the print business as customer migration to digital accelerates
Details of financial support mechanisms and conditions under which Thomson Reuters must guarantee KKR's minimum return
Also Worth Watching
RELX operates the LexisNexis legal and regulatory information business, competing directly with Thomson Reuters in legal research and tax compliance software. As Thomson Reuters exits print to focus on AI-driven digital platforms, RELX faces the same customer migration dynamics and may pursue similar portfolio rationalization to concentrate resources on higher-growth digital segments. RELX (RELX PLC $32.65 (-2.3%) - )
Company Overview
Thomson Reuters provides legal, tax, accounting, and compliance information and software to professionals and corporations globally. The company generates revenue through subscriptions to its digital platforms, data services, and print publications.
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TRI
Thomson Reuters Corp
NASDAQ
•
Industrials
$91.74
USD
-$2.55
(-2.70%)
At close: Jul 14, 2026, 4:00 PM EDT
Market Cap:
$41.37B
Volume:
1.9M
52w High:
$221.85
P/E Ratio:
27.45
Related Companies
KKR
KKR & Co Inc
$97.21
+0.3%
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