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Deals Rumor Mill: Thomson Reuters, Fiat, Hermes

By Adam Rhodes (March 1, 2018, 7:30 PM EST) -- More than 20 banks are anticipated to join the financing effort for a $17 billion bid from a consortium led by New York-based Blackstone Group LP for Thomson Reuters' financial and risk business, Reuters reported Thursday. According to the report, the financing is the largest of its kind since the financial crisis and is being spearheaded by Citigroup Inc., JPMorgan Chase & Co. and Bank of America Merrill Lynch. The Canadian media and information company reported last month that more than $15 billion in financing is backing the deal, which was unveiled in late January and values the unit at around $20 billion....

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