Deals
Thomson Reuters to Sell Health-Care Unit for $1.25 Billion
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Thomson Reuters Corp., the financial news and information provider, agreed to sell its health-care division to Veritas Capital for $1.25 billion as the publisher focuses on its main businesses.
The sale to the private-equity firm will probably be completed in the next few months, Thomson Reuters said in a statement today. Veritas has obtained debt financing commitments for the deal, Thomson Reuters said. Both parties are based in New York.