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Blackstone Weighs Sale of Thomson Reuters's FXall Unit

  • Business could be worth more than $3 billion in potential sale
  • Exchanges have been looking to expand in currency trading
Updated on

Blackstone Group LP, the soon-to-be owner of Thomson Reuters Corp.’s financial-and-risk arm, is weighing a sale of FXall, a currency trading platform, according to people familiar with the matter.

The business could fetch more than $3 billion, said one of the people, who asked to not be identified because the matter isn’t public.