Blackstone Group, the U.S. private equity giant, is in advanced discussions to buy part of Thomson Reuters. The company gave no more details.
Thomson Reuters has confirmed the discussions but has not commented beyond that. Blackstone shares were down just over 1 percent in light volume.
The Thomson Reuters board was due to vote on the proposed deal with Blackstone today.
In its statement, Thomson Reuters and the Thomson Reuters Founders Share Co, which has overseen Reuters' editorial independence since the company was first publicly listed in the 1980s, have agreed to "consequential modifications" to the Trust Principles that guide the news reporting division.
Thomson Reuters would hold on to its global news service, Reuters, along with its Legal and Tax and Accounting divisions.
As part of the deal, the new F&R group will enter into a 30-year contract for the exclusive rights to distribute Reuters News through all F&R products.
According to reports from Reuters, Blackstone is seeking a 55% stake in the business, which has been in the doldrums since the 2008 crash but is now viewed as an undervalued asset in a market characterised by robust growth and a slew of new data-hungry regulatory measures.
Woodbridge, the investment vehicle of Canada's Thomson family and Thomson Reuters principal shareholder, will participate in the bid/tender offer.
The financial and risk business faces challenges from cost-cutting among clients, including over a trend towards passive investing, weak investment-banking results and the introduction of MiFID II, analysts at Berenberg wrote in a January 18 note.
"The progress we have made turning around the F&R business and its future potential are reflected by Blackstone's interest", Thomson Reuters Chief Executive Jim Smith said in a staff memo. In 2016, it off-loaded its intellectual property and science division to Onex and Baring Private Equity Asia for $3.55bn.
He and his friend, Amamdeep Matharoo, 27, pulled over and Mr Webb said: "I said "can you stop that, we're going to call 999". The 28-year-old was detained by members of the public before the police arrived, according to witnesses.
In addition to the flamethrower, a Boring Company fire extinguisher can be added on to the pre-order for $30 more. From his initial announcement post, Elon Musk revealed that 20,000 flamethrowers were available to purchase.
A United Airlines spokesperson, however, claimed that the woman had been warned that her peacock would not be allowed on board. Beginning March 1, the airline will require passengers with service animals to submit paperwork two full days before flying.
The team of "Neutral Paralympic Athletes" will be about half the size of the Russian team that competed in Sochi in 2014. They will wear uniforms without any national insignia, and fans will also be barred from waving Russian flags.
Monster Hunter: World is the latest entry in the series and is the first new Monster Hunter title for home consoles in nine years. Capcom has issued a press release announcing that Monster Hunter World has shipped five million units as of January 28, 2018.
The North late Monday had scrapped a joint cultural event in the North, citing unspecified negative media reports in the South. North Korea will be wiped off the world map should it use nuclear weapons on South Korea or the United States.
And national regulators will be able to issue fines if companies collect personal data without consent or misuse personal data. All privacy settings will be in one place, said Facebook, which also published a set of privacy "principles".
Unless she ever remarries, then she would be stripped of that title as well. "He is great fun and has a great sense of humor". Princess Eugenie and Brooksbank got engaged after seven years of dating and seem laid back when it comes to their romance.
CEO of surfing brand Quiksilver missing off French coast
Agnes recently oversaw a deal that brought Quiksilver together with rival surf brand Billabong under the Boardriders umbrella. Surf legend Kelly Slater posted a tribute to Mr Agnes on Wednesday, saying he is " praying for a miracle " he is found alive.
Government has contained inflation: President
The President also said India has been the first responder in natural disasters and humanitarian crisis in the sub-continent. He also underlined ambitious government target of connecting each village in India to motorable roads by 2019.
Super blue moon lunar eclipse to take place January 31
The moon sets soon after, so inland US should be able to get a better view of the Blue Supermoon Eclipse just a few minutes after. The moon will not be blue for people in Asia and eastern Australia because the moon will not be considered full until February 1.
Ingvar Kamprad, founder of furniture giant IKEA, dies at 91
It was the start of what became IKEA , now with 403 stores across the globe, 190,000 employees and $47 billion in annual sales. The name Ikea is derived from Ingvar Kamprad , Elmtaryd (the farm where he grew up), and Agunnaryd (his hometown in Småland).