Thomson Reuters, the global content and technology company, has recently announced its acquisition of World Business Media, a leading publication specializing in the insurance industry. The financial details of the acquisition have not been disclosed.
Expanding News and Insight in New Customer Markets
This strategic move by Thomson Reuters is in line with its commitment to provide comprehensive news and insights across various professional verticals and customer markets. With the acquisition of World Business Media, Thomson Reuters aims to strengthen its offerings in the insurance and reinsurance space.
A Cross-Platform Provider of Editorial Coverage
Integration into Reuters News Division
Thomson Reuters plans to integrate World Business Media as part of its renowned Reuters News division. This integration will allow for a seamless sharing of resources and expertise, ultimately enhancing the delivery of high-quality news and information to professionals in the insurance industry.
Looking Towards Future Acquisitions
In addition to the acquisition of World Business Media, Thomson Reuters is actively exploring other opportunities for growth. Just last week, the company made a cash bid of $626 million for Pagero, a Swedish e-invoicing provider listed on Nasdaq. This move showcased Thomson Reuters’ commitment to expanding its portfolio and staying at the forefront of industry innovations.
Thomson Reuters continues to make strategic moves to solidify its position as a leading provider of news and insights for professionals worldwide.