Aug 28 (Reuters) - Thomson Reuters Corp :
* THOMSON REUTERS AND BLACKSTONE AGREE TO CLOSE FINANCIAL & RISK TRANSACTION ON OCTOBER 1, 2018
* AN AFFILIATE OF CANADA PENSION PLAN INVESTMENT BOARD AND AFFILIATE OF GIC WILL INVEST ALONGSIDE BLACKSTONE
* PLANS TO RETURN $10 BILLION OF DEAL PROCEEDS TO ITS SHAREHOLDERS
* EXPECTS TO USE PART OF DEAL PROCEEDS TO REDEEM ABOUT $4 BILLION OF DEBT
* EXPECTS TO USE PART OF DEAL PROCEEDS TO MAINTAIN ABOUT $2 BILLION OF CASH ON BALANCE SHEET TO FUND ACQUISITIONS