Thomson Reuters Releases Financials After Global Print Joint Venture Close
Thomson Reuters issued supplemental financial data following its sale of a 51% stake in Global Print to KKR-advised funds.
Thomson Reuters (TSX/Nasdaq: TRI) released supplemental financial information Tuesday after completing the sale of a majority stake in its Global Print business to funds advised by KKR, a transaction the Toronto-based company first announced October 1, 2026.
Under the deal, Thomson Reuters divested a 51% interest in the Global Print unit, with both parties forming a joint venture to operate the business going forward. The move reflects a broader industry trend of legacy media and information companies restructuring or spinning off print operations as digital services dominate revenue growth.
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The supplemental disclosure was issued to help investors and analysts recalibrate their financial models in light of the changed ownership structure. When a company retains a minority stake in a newly formed joint venture, it typically shifts how that segment's revenues and costs appear on consolidated financial statements, warranting additional transparency for market participants.
Thomson Reuters has in recent years repositioned itself as a technology-driven provider of legal, tax, and professional information services, making the partial divestiture of its print segment consistent with that strategic direction. KKR's involvement signals continued private equity appetite for cash-generating legacy media assets, even as the broader print industry faces structural headwinds.
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