Mergers & Acquisitions
Thomson Reuters Adds Asian Legal Business to Its Portfolio
Posted Mar 25, 2011 11:30 AM CST
By Martha Neil
Thomson Reuters has announced in a press release that it is acquiring Asian Legal Business on undisclosed terms.
The 30-employee publication was founded in 2002 and has offices in Hong Kong, Singapore and Sydney.
“Our strategic focus is to provide legal practitioners with the tools to best support their practice and business needs, and our customers look to us for authoritative content and business intelligence, plus business development tools and services," explains Tony Kinnear in the release. Knnear serves as the Asia region's senior vice president for Thomson Reuters' legal businesses.
"At Thomson Reuters, we call this ‘The Knowledge Effect,' " he continues, "and Asian Legal Business spans each of these areas: Its editorial is well regarded for its insights and analysis of legal industry news, and it is widely viewed as an important channel for law firms looking to build their presence in the region."