Refinitive
Refinitive US Holdings Inc.
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legal form | Inc. |
founding | 2018 |
Seat | New York City , New York , United States |
management | David Craig ( CEO ) |
Number of employees | 18,500 |
Branch | Business information service |
Website | www.refinitiv.com |
As of December 31, 2018 |
Refinitiv is a US service company that processes economic data and sells it to banks, investment companies and other organizations. Refinitiv claims to have over 40,000 institutions among its customers.
The company was created in 2018 through the takeover of the "Financial & Risk" division of the Thomson Reuters group by the investment company Blackstone . Blackstone took over a majority stake of 55% in the course of the transaction, while Thomson Reuters remained invested with 45% of the shares. For the delivery of news from the Reuters news agency, which remained with the Thomson Reuters group, to the joint venture Refinitiv, annual payments of at least 325 million US dollars were agreed from Refinitiv to Reuters for the next 30 years. In August 2019, Blackstone sold its stake on the London Stock Exchange .
Web links
Individual evidence
- ↑ Refinitive: Executive Team , accessed December 31, 2019
- ↑ Bloomberg: Blackstone Finds It Pays to Leave Something on the Table , accessed December 31, 2019
- ↑ Refinitiv: About Refinitiv , accessed December 31, 2019
- ↑ Handelsblatt: EU competition watchdogs approve Thomson Reuters deal with Blackstone , accessed on December 31, 2019
- ↑ Reuters: Thomson Reuters closes deal with Blackstone , accessed December 31, 2019
- ↑ Reuters: Breakingviews - Thomson Reuters beats Blackstone in Refinitiv deal , accessed December 31, 2019
- ↑ Reuters: London Stock Exchange swallows data company Refinitiv for 27 billion dollars , accessed on December 31, 2019
- ^ The Economist: The London Stock Exchange buys Refinitiv , accessed December 31, 2019