Thomson Reuters closes on Clarient, Avox deals

|About: Thomson Reuters Corporation (TRI)|By:, SA News Editor

Thomson Reuters (TRI +0.2%) has closed on its acquisitions of Clarient Global and Avox Limited -- tightening the company's relationship with compliance solution clients including the Depository Trust & Clearing Corp., Barclays, Credit Suisse, Goldman Sachs, J.P. Morgan and others, it says.

The company announced the deals in early February with the DTCC (which owns Avox and, with the member banks, also owns Clarient). Terms were undisclosed.

Thomson Reuters made the deals to shore up its Know Your Customer and Legal Entity Information businesses.