Thomson Reuters sells 51% Global Print stake to KKR; 2026 outlook updated
Oct 19, 2026, 7:13 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
The divestiture reduces exposure to a legacy business, introduces a royalty-based offset to stranded costs, and improves visibility on core growth through 60–70 bps accretion; offsets and restatements may create near-term volatility but long-term fundamentals improve.
AI summary
What happened, with direct paths to the underlying reporting
Thomson Reuters sold 51% of Global Print to KKR, forming Westbridge Print, and will treat Global Print as discontinued from Q3 2026 with restated prior periods. A 20% royalty on Westbridge's professional revenue and transition-services reimbursements are expected to largely offset stranded costs, keeping EBITDA neutral and boosting organic revenue growth by about 60–70 basis points. A full-year 2026 outlook will be provided on November 3.
Thomson Reuters sells 51% Global Print stake to KKR; Westbridge Print JV.
Global Print will be reported as discontinued from Q3 2026; prior periods restated.
Royalty: 20% of Westbridge Print's professional revenue; 85–90% of total revenue.
Westbridge will reimburse Thomson Reuters for transition services; offset stranded costs.
Outlook: 2026 guidance to be updated Nov 3; ~60–70 bps revenue growth accretion.
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