Back to news 21 April 2018

Thomson Reuters/Blackstone transaction: an update on the discussions in relation to RPF and SPS

Following the meeting with representatives of Thomson Reuters and Blackstone which took place in February, and which has already been reported to members, the Trustees have now received extensive reports from their advisors and have, over the last few weeks, developed detailed proposals regarding RPF and SPS. Trustees representing both RPF and SPS met again last week with representatives of Thomson Reuters and Blackstone, to present their proposals - which focus on protecting the long-term security of members' benefits. The Trustees are encouraged by the collaborative attitude Thomson Reuters and Blackstone have shown towards the Trustees; and a further meeting will be held when the companies have been able to consider the proposals.

Further updates will be provide as appropriate.