- Once it's acquired Thomson Reuters's financial-and-risk unit, Blackstone Group (NYSE:BX) may sell FXall, a currency trading platform, Bloomberg reports, citing people familiar with the matter.
- BX +1.2% in premarket trading.
- The business could sell for more than $3B, said one of the people.
- No decision has been made and Refinitiv, which will be the new name of the Thomson Reuters financial-and-risk business, could decide to keep FXall.
- Thomson Reuters bought FXall in 2012 for about $620M.
- Previously: Thomson Reuters, Blackstone to close Financial & Risk deal on Oct. 1 (Aug. 28)