DALLAS, July 22, 2019 /PRNewswire/ -- Thomson
Reuters (TSX/NYSE: TRI) today announced that it has
closed the acquisition of Confirmation, a leading provider of
secure audit confirmation services. Thomson Reuters
previously announced on June
21 that it had signed a definitive agreement to acquire
Confirmation, with completion of the acquisition subject to
specified regulatory approvals and closing conditions. Financial
terms of the transaction were not disclosed.
Confirmation, which provides digital confirmation services to
more than 16,000 audit firms, 4,000 banks and departments and 5,000
law firms across 170 countries, is now part of the Tax &
Accounting Professionals segment of Thomson Reuters.
Charlotte Rushton, president, Tax
& Accounting Professionals, Thomson Reuters, said, "With the
acquisition of Confirmation, we continue to fortify Thomson Reuters
leadership in the tax, accounting and audit industry. The
integration of Confirmation will enhance the capabilities of our
Cloud Audit Suite, the most comprehensive cloud solution on the
market which delivers integrated know-how and complete workflow
management for audit professionals."
Thomson Reuters
Thomson Reuters is a leading provider
of business information services. Our products include
highly specialized information-enabled software and tools for
legal, tax, accounting and compliance professionals combined with
the world's most global news service – Reuters. For more
information on Thomson Reuters, visit tr.com and for
the latest world news, reuters.com.
CONTACT
MEDIA
David Girardin
Vice President, Corporate Affairs
+1 646 223 4870
david.girardin@tr.com
|
INVESTORS
Frank J. Golden
Senior Vice President, Investor Relations
+1 646 223 5288
frank.golden@tr.com
|
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SOURCE Thomson Reuters