Back to news 20 March 2018
Update on the proposed transaction between Blackstone and Thomson Reuters
The Trustees of RPF and SPS have provided members with the following update regarding the proposed transaction between Blackstone and Thomson Reuters.
The Company has now offered further information regarding the Group structure for the Financial & Risk business following the proposed transaction, as well as details of leverage and holding company arrangements. Following this the Trustees have also received initial advice from their covenant advisors, Lincoln Pensions and the plans’ actuaries, Aon Hewitt.
This has enabled the sub-committees of the two plans to start considering the mitigation proposals received from the Company and to work on responses for consideration by the full Trustee Boards of each plan in due course.
Further information will be made available in due course.