TSX Down by Noon

Thomson Reuters (TRI) shares rose 7% to $122.95 after launching CoCounsel Tax, Audit & Accounting, an AI platform for tax and audit professionals. The stock opened at $117.34, reaching an intraday high of $122.84. It has traded between $76.28 and $164.30 in the past year, according to the company.

Thomson Reuters (TRI) completed the sale of a 51% stake in its Global Print business to KKR, forming a joint venture. The company will report Global Print as discontinued operations from Q3 2026, with revised 2025-2026 results excluding this business. The transaction is expected to be neutral to adjusted EBITDA margin and accretive to organic revenue growth by 60-70 basis points annually. The company will issue a revised 2026 outlook on November 3, 2026.

Thomson Reuters' stock rose 2.09% on Thursday after completing the sale of a 51% stake in its global print unit to KKR. The company retains a minority stake in the new joint venture, Westbridge Print. The sale aligns with Thomson Reuters' focus on AI solutions for tax, audit, compliance, and legal fields. Financial details were not disclosed, but the deal was initially valued at $500 million.

Thomson Reuters has completed the sale of a 51% stake in its global print business to KKR for $500 million. The transaction was announced on October 1, 2026. Thomson Reuters is a publicly traded company on the Toronto Stock Exchange.

Thomson Reuters completed the sale of a 51% stake in its global print business to KKR for $500 million. The transaction was announced on October 1, 2026. The company's stock is currently trading at 141.59 CAD, with a 5-day change of +2.25%.

Thomson Reuters (TRI) has finalized the sale of a majority stake in its Global Print business to KKR (KKR). The business, now operating as Westbridge Print, serves legal, tax, and publishing professionals across 13 countries. The deal allows Thomson Reuters to focus on AI solutions for legal, tax, and compliance industries.