KKR has agreed to acquire a 51% stake in Thomson Reuters’ Global Print business in a transaction valued at approximately $500m, with the parties forming a joint venture to manage the business as demand continues to shift from print to digital products, according to a report by Reuters.
Under the agreement, KKR will hold a controlling interest in the new venture, while Thomson Reuters will retain a 49% stake, along with ownership of its intellectual property and editorial control over its content...
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