Thomson Reuters has agreed to sell a 51% stake in its Global Print business to private equity firm KKR for approximately US$500 million.
The transaction establishes a joint venture that will hold the exclusive license to distribute the print content, while Thomson Reuters retains intellectual property rights and editorial control over the portfolio.
The move signals a continued strategic shift for the Canadian information and technology company, which has been streamlining its operations to focus on higher-growth digital and AI-integrated services.
By partnering with KKR, Thomson Reuters aims to unlock value from its legacy print assets while maintaining oversight of the content's integrity and distribution.
This divestiture follows recent internal restructuring efforts, including the elimination of engineering roles as part of a broader strategy to integrate artificial intelligence across its business units.
The company is increasingly prioritizing technology-driven solutions over traditional media formats, aligning its capital allocation with long-term digital growth trends.