Aug 1 (Reuters) - Thomson Reuters Corp TRI.TO TRI.N on Thursday reported a 9% rise in quarterly sales compared to the same period a year ago, while also raising its forecasts for the next two years.
The news and information provider and parent of Reuters News reported second-quarter revenue of $1.42 billion, up from $1.31 billion a year ago as Thomson Reuters gained from payments it received from Refinitiv for its news service. Reuters also said in a statement that it and private equity funds affiliated with Blackstone (NYSE:BX) BX.N had agreed to sell Refinitiv to the London Stock Exchange LSE.L in an all share deal with an enterprise value of around $27 billion.