30 Jan 2018 Blackstone talks with Thomson Reuters highlight cutthroat battle for financial data

Blackstone Group LP is spying opportunity where few dare tread – a cutthroat battle for information that’s raged in the world’s financial hubs for decades.

With a reported deal to snap up a majority stake in Thomson Reuters Corp.‘s financial and risk division, the U.S. private equity firm is entering the scrap against Bloomberg LP for space on the desks at banks, trading houses and hedge funds at a time when their spending is uncertain.

Read the full story here:  https://www.theglobeandmail.com/report-on-business/blackstone-talks-with-thomson-reuters-highlight-cutthroat-battle-for-financial-data/article37785369/