Thomson Reuters Completes Joint Venture for Global Print Business with KKR

Thomson Reuters announced the closing of its previously announced sale of a majority stake in its Global Print business to capital accounts advised by KKR. The business will now operate as Westbridge Print, an independent entity.

Westbridge Print serves legal and tax professionals across 13 countries and also provides commercial printing services to book publishers. This transaction allows Thomson Reuters to sharpen its focus on providing AI solutions for the legal, tax, audit, and compliance industries.

The move is part of Thomson Reuters' strategy to concentrate on its core digital offerings and technology services. By divesting the print division, the company aims to enhance its capabilities in providing data, intelligence, and solutions to professionals.

KKR is a global investment firm specializing in alternative asset management. Thomson Reuters continues to be a provider of trusted content and technology for professionals, enabling informed decision-making.