Thomson Reuters unit becomes Refinitiv
TR’s Financial & Risk changes name, following majority stake buyout led by Blackstone
Thomson Reuters’ Financial & Risk unit has been renamed Refinitiv, following the completion of a partnership deal with a consortium of investors led by Blackstone, who now own 55% of the new business.
The standalone business – which includes the largest multi-dealer FX platform, with a daily average of $400 billion traded on FXall, FX Trading and Matching – is the outcome of a deal whereby Thomson Reuters sold a 55% stake in its Financial & Risk business to private equity firm Blackstone for
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