Onex/Baring Private Equity Asia $3.55 billion acquisition of Thomson Reuters IP & Science unit

Overview:

• Onex Corporation and Baring Private Equity Asia have acquired the intellectual property and science business unit of Thomson Reuters for $3.55 billion.
• The division has 3200 employees and generated revenue of $1 billion in 2014.
• Guggenheim Securities and JPMorgan Securities were financial advisers to Thomson Reuters.

Sam Duke - Editor