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HomenewsThomson Reuters Acquires Digital Publisher World Business Media

Thomson Reuters Acquires Digital Publisher World Business Media


Published: Jan. 16, 2024 at 10:49 a.m. ET

By Adriano Marchese

Thomson Reuters said Tuesday that it has acquired World Business Media, a specialty publication for the insurance industry, for an undisclosed sum.

The dual-listed content and technology company said the acquisition is part of its strategy to provide news and insight for new customer markets and professional verticals.

By Adriano Marchese

Thomson Reuters said Tuesday that it has acquired World Business Media, a specialty publication for the insurance industry, for an undisclosed sum.

The dual-listed content and technology company said the acquisition is part of its strategy to provide news and insight for new customer markets and professional verticals.

World Business Media, a cross-platform, subscription-based provider of editorial coverage for the insurance and reinsurance space, is based in London with an editorial hub in New York.

Thomson Reuters said the business will be operated as part of the Reuters News division of the company and report into Reuters Professional.

The company also is pursuing other acquisitions. Last week, Thomson Reuters launched a $626 million cash bid for Nasdaq-listed Pagero, beating a rival offer made by Vertex for the Swedish e-invoicing provider earlier in December.

Write to Adriano Marchese at adriano.marchese@wsj.com



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