KKR & Co. and Thomson Reuters have completed the previously announced sale of Thomson Reuters’ Global Print business, forming an independent company named Westbridge Print.
KKR-advised funds hold a 51% majority stake in Westbridge Print. Thomson Reuters retains the remaining 49% interest.
Westbridge Print will serve legal and tax professionals across 13 countries and provide commercial printing services to publishers.
The transaction allows Thomson Reuters to focus on its high-growth artificial intelligence, technology and digital content offerings for professional industries while retaining an equity stake in the print business.