Reuters

(redirected from Reuters Group)
Also found in: Financial.

Reuters

 

a British news agency that specializes in the dissemination of international news. Founded in 1851 by P. J. Reuter, it is located in London. Joint-stock companies of Reuters Ltd. include a number of news agencies in Great Britain, Australia, and New Zealand. Although it is a trust that belongs to private owners, Reuters is in fact a semiofficial wire service of Great Britain.

Reuters

news agency; established as telegraphic and pigeon post bureau (1851). [Br. Hist.: Benét, 852]
References in periodicals archive ?
Specifically, the company's senior unsecured notes paying a coupon of 5.85% and maturing in 2040 landed an A- rating to reflect its "strong" capacity to meet financial obligations, enhanced by its broadened product offering and strengthened revenues following its 2008 buy of UK-based Reuters Group.
merged with Reuters Group, PLC to form Thomson Reuters, the consolidation has proved to be a good move.
Several megadeals finally completed in the quarter include the acquisition of Reuters Group by Thomson and the purchase of Scottish and Newcastle by a consortium including Heineken NV and Carlsberg A/S.
Calculating as if the merger of Reuters Group with Thomson, which closed in April, had occurred a year ago, revenue would have been up 11% to $3.4 billion in the period, and operating profits up 15% to $708 million.
It was reported that Thomson Reuters has attained customers in 93 countries and 50,000 employees worldwide since Thomson Corporation and Reuters Group PLC merged to create the business early this year.
The proposed takeover of the Reuters Group (UK) by Thomson (Canada), notified on 3 September, raises doubts as regards competition, particularly regarding the financial information sector.
on Friday launched a buyout bid worth at least $16 billion for Reuters Group Plc., a move that would combine two financial-information providers to better compete with Bloomberg LP and Dow Jones & Co.
The biggest fallers were Old Mutual down 5.8p at 175.2p, Rexam off 16.5p at 526p, Reuters Group down 18p at 612p and Liberty International off 34p at 1230p.
Other significant deals included Thomson Corporation's $19B acquisition of UK based Reuters Group and its sale of Thomson Learning Assets to a group of private equity buyers for $8.6B.