Thomson Reuters sells risk unit to Vista (Reuters)

LONDON (Reuters) – Thomson Reuters (TRI.TO) said it has agreed to sell its trade and risk management software business, which includes flagship product Kondor, to private equity firm Vista Equity Partners.The value of the sale was not disclosed.The loan to support the leveraged buyout is expected to be around $200 million, sources familiar with the deal told Thomson Reuters LPC.The debt financing will be provided by a group including GE Capital (GE.N), ING (ING.AS), Lloyds (LLOY.L) and Royal

Read more ...