Under the terms of the agreement, Thomson Reuters retains a 49% interest in the newly formed joint venture. The company will continue to hold all intellectual property rights and maintain full editorial control over its legal and tax content portfolio. The venture itself will operate under an exclusive license to distribute these materials in both print and digital formats via ProView.

The transaction, expected to close by the end of the year, remains subject to customary regulatory approvals but is not contingent on external financing. As part of the arrangement, Thomson Reuters has committed to specific financial support measures intended to guarantee KKR a minimum return on its equity investment under defined conditions.